-
- 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 Results for 1Q 2016
April 22, 2016 | NOTEEstimated reading time: Less than a minute
EMS firm NOTE has reported sales of SEK 279.1 million for the period January-March 2016, up by 1% over the same period last year. Operating profit went up to SEK 14.2, while operating margin expanded by 0.8 percentage points to 5.1%. The company’s profit after tax increased to SEK 10.2 million, corresponding to SEK 0.35 per share.
“NOTE is one of the most competitive electronics manufacturers in the Nordics. In the first quarter we experienced continued positive development with several new customers, improved profitability and strong cash flow,” said Stefan Hedelius, CEO and president of NOTE. “Increased sales and an expanded service content, in combination with continued cost efficiency, resulted in operating profit increasing SEK 2.3 million to SEK 14.2 million, and an expansion of the operating margin by 0.8 percentage points to 5.1%. It is also satisfying to see that after generating fourth-quarter cash flow of SEK 25.4 million, we achieved a strong cash flow again in the first quarter, of SEK 27.1 million.
“Our order book, suggests continued positive sales performance. Additionally, NOTE is prepared to play a more active role in the future structural transformation of the European EMS sector–my ambition is to further increase customer value and enhance our profitable sales growth.”
Suggested Items
NextFlex Convenes the Hybrid Electronics Community at Binghamton University
05/01/2024 | NextFlexBinghamton University hosted the NextFlex hybrid electronics community on April 18 for a day of expert presentations, breakout sessions on technology and manufacturing topics, and networking.
Nanotechnology Market to Surpass $53.51 Billion by 2031
04/25/2024 | PRNewswireSkyQuest projects that the nanotechnology market will attain a value of USD 53.51 billion by 2031, with a CAGR of 36.4% over the forecast period (2024-2031).
Mark Schulman Rocks Zuken Innovation World + integrate24
04/10/2024 | ZukenZuken USA, Inc. is excited to announce that the renowned drummer and motivational speaker, Mark Schulman, will be the keynote speaker at this year's Zuken Innovation World Americas (ZIW) conference, co-located with integrate24. Scheduled for September 17-19, 2024, in the vibrant city of Cleveland, Ohio, the conference aims to bring together the brightest minds in the PCB, Wire Harness, and Digital Engineering fields.
NOTE Acquires Industrial Property in Herrljunga
04/08/2024 | NOTEIn the summer of 2022, NOTE acquired its fourth electronics factory in Sweden – NOTE Herrljunga. Since then, operations in Herrljunga have developed very positively, with growth and profit development clearly exceeding the initial plans.
Amphenol Announces Pricing of Senior Notes Offering
04/05/2024 | Amphenol CorporationAmphenol Corporation announced the pricing of its offering of $450 million aggregate principal amount of senior notes due 2027, $450 million aggregate principal amount of senior notes due 2029 and $600 million aggregate principal amount of senior notes due 2034.