-
- 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
Article Highlights
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
NOTE Posts Positive Financial Results in Q4
February 5, 2016 | NOTEEstimated reading time: 1 minute
Financial performance October–December
- Sales were SEK 305.2 (248.1) million.
- Operating profit was SEK 10.5 (8.1) million. Operating profit includes expenses relating to the change of CEO, of SEK 3.8 million.
- Operating margin was 3.4% (3.3%). The underlying operating margin, excluding expenses for the change of CEO, was 4.7% (3.3%).
- Profit after financial items was SEK 9.2 (8.1) million.
- Cash flow after investments was SEK 25.4 (10.9) million, or SEK 0.88 (0.38) per share.
Financial performance January–December
- Sales were SEK 1,121.5 (964.0) million.
- Operating profit was SEK 45.2 (31.8) million.
- Operating margin was 4.0% (3.3%).
- Profit after financial items was SEK 39.8 (28.8) million.
- Profit after tax was SEK 34.6 (24.6) million, corresponding to SEK 1.20 (0.85) per share.
- Cash flow after investments was SEK 5.2 (2.5) million, or SEK 0.18 (0.09) per share.
Dividend
The Board of Directors is proposing a dividend to shareholders of SEK 0.70 (0.50) per share, or SEK 20.2 (14.4) million.
CEO’s comment
"We’ve put a strong year behind us with lifted sales, increased profitability, and further rationalizations of our working capital.
In 2015 we saw several of our customers making positive progress. We secured deeper partnerships, won new business and product generations in what was already a strong customer base, in Sweden and internationally. Additionally, some time back, we secured several new business accounts and created new partnerships, progressively resulting in serial production and increased volumes. In 2015, NOTE’s sales increased 16%–in Q4 our growth was 23%.
Our order book continues to corroborate a positive sales performance–our ambition is to keep increasing market shares and accelerate our profitable growth", says Henrik Nygren, CFO and acting CEO and President.
Suggested Items
MKS Instruments Reports Q1 2024 Financial Results
05/09/2024 | MKS Instruments, Inc.MKS Instruments, Inc., a global provider of enabling technologies that transform our world, reported first quarter 2024 financial results.
Punching Out: Breaking Out of the Valuation Box
05/09/2024 | Tom Kastner -- Column: Punching Out!Most companies are in a “valuation box.” That is, the value of the company, based on a market multiple, is not equal to the value of the assets. Or worse, once debt is paid off, the net proceeds would actually be negative. Here are some tips for getting out of the box.
Incap Releases Unaudited Business Review for January–March 2024
05/08/2024 | IncapRevenue for the first quarter 2024 amounted to EUR 51.4 million (1–3/2023: EUR 72.2 million). Year-on-year the revenue decreased 29.3%, as expected.
Schweizer Electronic: Business Development in Q1 2024
05/08/2024 | Schweizer Electronic AGThe sales of the SCHWEIZER Group amounted to EUR 39.2 million in the first quarter of 2024 (Q1 2023: EUR 37.1 million). This corresponds to an increase of +5.5 percent compared to the same quarter of the previous year.
Key Tronic Announces Results for Q3 of Fiscal Year 2024
05/08/2024 | Globe NewswireFor the third quarter of fiscal year 2024, Key Tronic reported total revenue of $140.5 million, compared to $164.6 million in the same period of fiscal year 2023.