Global Sourcing Spotlight: How to Evaluate Supplier Capabilities Worldwide
The Knowledge Base: Cultivating Your Brand in the Age of Connection
SMT Perspectives and Prospects: Warren Buffett’s Perpetual Wisdom, Part 2
NOTE Divests Oslo Operation
May 18, 2016 | NOTEEstimated reading time: Less than a minute
As part of NOTE's streamlining process, its unit in Oslo has been sold to Dynamic Precision AS of Norway, effective May 13, 2016. In 2015, the Norwegian operations generated sales of NOK 52 million, but made a negative contribution to NOTE's earnings.
"This is a natural step in our strategic direction and streamlining of NOTE. We are focusing on continuing to increase sales and profitability by investing in markets where we see continued positive growth potential," commented Stefan Hedelius, CEO and President.
In recent years, NOTE has evolved into a stable company with high delivery position and quality, simultaneous with steady improvements to sales growth and profitability.
About NOTE
NOTE is one of the leading northern European manufacturing and logistics partners for production of electronics-based products. NOTE produces PCBAs, subassemblies and box build products. NOTE's offering covers the whole product lifecycle, from design to after-sales. NOTE has a presence in Sweden, Finland, the UK, Estonia and China. For the past twelve months, net sales were SEK 1,125 million; the group has approximately 960 employees. NOTE is listed on Nasdaq Stockholm. For more information, please go to www.note.eu.
Share on:
Testimonial
"We’re proud to call I-Connect007 a trusted partner. Their innovative approach and industry insight made our podcast collaboration a success by connecting us with the right audience and delivering real results."
Julia McCaffrey - NCAB GroupSuggested Items
Aeva, LG Innotek form Strategic Collaboration to Bring Next-Generation Perception Platform to Market
07/29/2025 | BUSINESS WIREAeva, a leader in next-generation sensing and perception systems, announced a broad strategic collaboration with LG Innotek, a manufacturer of cutting-edge technology and an affiliate of the LG Group.
NOTE’s CEO Sells 12,000 Shares – Remains as Major Shareholder
07/21/2025 | NOTENOTE's CEO Johannes Lind-Widestam has recently sold 12,000 shares in NOTE, corresponding to 3,7% of his holdings, to a value of SEK 2.3 million. The sale was carried out to cover tax obligations.
NOTE Posts Interim Report for Q2 2025
07/14/2025 | NOTENOTE reports stable second-quarter results for 2025 with continued profitability and strong cash flow, reaffirming its growth strategy despite a challenging market environment.
NOTE Receives Order Worth 132 MSEK and Expands Collaboration with Customer within Security & Defense
07/04/2025 | NOTENOTE has received an order worth SEK 132 million from one of its existing customers operating within Security & Defense. NOTE thereby strengthens its long-term collaboration with the industry-leading customer.
BOE Poised to Become Apple’s Top MacBook Display Panel Supplier in 2025
07/02/2025 | BUSINESS WIRENew analysis from Omdia’s Tablet and Notebook Display and OEM Intelligence Service reveals that BOE will capture 51% share of Apple’s MacBook panel supply in 2025.