Global Sourcing Spotlight: How Global Sourcing Drives Innovation
One World, One Industry: IPC APEX EXPO 2025 Marks a Special Anniversary Year
Nolan’s Notes: Your Golden Ticket
NOTE Continues to See Strong Demand
December 14, 2022 | NOTEEstimated reading time: 1 minute
NOTE hosts a Capital Markets Day to update on progress made to reach the financial targets previously communicated by the company.
NOTE confirms its previous guidance of reaching SEK 1 billion in revenue for a single quarter for the first time in the current quarter, Q4 2022. The operative operating profit, excluding currency translation effects (as of the end of November SEK +6 m in profit effect) is expected to amount to at least SEK 100 m. NOTE’s order book continues to develop strongly and in the current structure, the turnover for 2023 is expected to amount to at least SEK 4 billion. NOTE expects that profitability in both actual numbers as well as in percentage will continue to strengthen during 2023.
NOTE has a financial target of reaching a turnover of SEK 5 billion by 2025 at the latest, and the company is well positioned to reach this target and is ahead of the schedule that was set when the financial targets were adopted. NOTE is also ahead of the initial schedule of reaching an operating margin of 10% by 2025 at the latest and assesses that the target will be reached earlier.
“NOTE’s momentum remains strong and we continue to grow and gain market share. Our home market in northern Europe continues to develop despite a turbulent environment. With a near doubling of NOTE’s turnover in the last two years, I feel great confidence in our ability to reach the financial targets we set up for the company”, says Johannes Lind-Widestam, CEO and President.
Share on:
Suggested Items
VIA Announces Strategic Collaboration with Solectrix
03/13/2025 | VIA optronics AGVIA optronics AG, a leading supplier of interactive display solutions, today announced a new strategic collaboration with Solectrix GmbH, a full-service provider in the embedded electronics sector.
Mycronic’s Global Technologies Makes Acquisition in France
03/13/2025 | MycronicMycronic’s Global Technologies division has acquired Hprobe, a company headquartered in Grenoble, France, which has developed a unique technology for high-speed magnetic testing of Magnetoresistive Random Access Memories (MRAMs) and magnetic sensors.
Teradyne to Acquire Quantifi Photonics
03/12/2025 | TeradyneTeradyne, Inc. announced it has entered into a definitive agreement to acquire privately held Quantifi Photonics, a leader in photonic IC testing.
KONGSBERG Awards NOK 109 Million Order to Kitron for Tactical Communication Products
03/12/2025 | KitronKitron has received an order valued at NOK 109 million from Kongsberg Defence & Aerospace AS (KONGSBERG). The order covers communication equipment used in air defence systems delivered by KONGSBERG.
Global Sourcing Spotlight: How Global Sourcing Drives Innovation
03/12/2025 | Bob Duke -- Column: Global Sourcing SpotlightSomeone once told me the more you meet and work with people, the more you’ll learn and, most importantly, the more it will spur more innovation. Innovation is, of course, the lifeblood of success. Companies constantly seek ways to stay ahead, remain competitive, and deliver value to their customers.