-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueComing to Terms With AI
In this issue, we examine the profound effect artificial intelligence and machine learning are having on manufacturing and business processes. We follow technology, innovation, and money as automation becomes the new key indicator of growth in our industry.
Box Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
NOTE Reports Strong First Half Performance
July 13, 2015 | Business WireEstimated reading time: 1 minute
Financial performance April–June
- Sales were SEK 279.5 (247.6) million.
- Operating profit was SEK 11.2 (7.5) million.
- Operating margin was 4.0% (3.0%).
- Profit after financial items was 9.2 (7.1) million.
- Profit after tax was SEK 8.5 (5.7) million, corresponding to SEK 0.29 (0.20) per share.
- Cash flow after investments was SEK -18.0 (-8.2) million, or SEK -0.62 (-0.28) per share.
Financial performance January–June
- Sales were SEK 554.8 (480.4) million.
- Operating profit was 23.1 (13.3) million.
- Operating margin was 4.2% (2.8%).
- Profit after financial items was 20.2 (10.9) million.
- Profit after tax was SEK 17.8 (8.8) million, corresponding to SEK 0.62 (0.31) per share.
- Cash flow after investments was SEK 3.8 (14.9) million, or SEK 0.13 (0.52) per share.
CEO’s comment
”We are one of the strongest electronics manufacturers in the Nordics. We continue to progress and remain an agile and responsive business partner for our customers. I’m proud of what we’ve achieved, and it’s pleasing to present an improved operating profit of some SEK 10 million for the first half-year.
Almost all our markets experienced sales growth in the second quarter. We’re also now seeing concrete business opportunities as a result of our extended service offering to the medical sector in Sweden. Our expressed ambition is to increase market share further and strengthen our profitable growth. As part of our growth strategy, we have decided to strengthen the organisation with a Sales Director in our group management team. This position has been assigned to Fredrik Schultz. Fredrik is joining us from sector peer Enics, and will start in mid-August”, says Peter Laveson, CEO and President.
About NOTE
NOTE is one of the leading Northern European manufacturing and logistics partners for production of electronics-based products. NOTE produces PCBAs, sub-assemblies and box build products. NOTE's offering covers the whole product lifecycle, from design to after-sales. NOTE has a presence in Sweden, Norway, Finland, the UK, Estonia and China. In 2014, net sales were SEK 964 million; the group has approximately 900 employees. NOTE is listed on Nasdaq Stockholm. For more information, please go to www.note.eu.
Suggested Items
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
05/03/2024 | Nolan Johnson, I-Connect007This week’s most important news is strategic—and telling. When one puts together the IPC industry reports, we simply have to include the recent conversation with Shawn DuBravac and Tom Kastner. On the design side, check out the latest “On The Line With…” podcast featuring Brad Griffin from Cadence Design Systems, discussing SI and PI in the realm of intelligent system design.
IMI Welcomes New CEO
05/03/2024 | IMIIntegrated Micro-Electronics, Inc. (IMI),The IMI Board of Directors announced, in a disclosure dated April 25, 2024, the appointment of Louis Sylvester Hughes, Chief Executive Officer (CEO).
Electronics Industry Sentiment Rose in April, Hitting New High
05/02/2024 | IPCApril 2024 marked the third consecutive month of sentiment growth among electronics manufacturers. When asked if they expected labor costs for hourly workers to rise over the next month, manufacturers in the United States, Mexico, and Europe predicted a five percent increase, while manufacturers in Asia predicted a slightly lower four percent increase.
iNEMI Names Grace O'Malley CTO
05/02/2024 | iNEMIThe Board of Directors of the International Electronics Manufacturing Initiative (iNEMI) has named Grace O'Malley Chief Technical Officer (CTO).
ZESTRON Academy Launches 2024 Advanced Packaging & Power Electronics Webinar Series
05/01/2024 | ZESTRONZESTRON, the leading global provider of high-precision cleaning products, services, and training solutions in the electronics manufacturing and semiconductor industries, proudly announces the launch of its highly anticipated webinar series on Advanced Packaging & Power Electronics, a webinar series on the latest innovations, cleaning, and corrosion challenges.