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© adam121 dreamstime.com Electronics Production | October 19, 2015

Swedish Note keeps on trucking

Swedish EMS-provider, Note, recorded a solid third quarter for 2015.
Sales for the third quarter amounted to SEK 261.5 (EUR 27.93 million), up from SEK 235.5 million (EUR 25.15 million) for the same quarter last year. Operating margin was 4.4% (4.4%)

Operating profit was SEK 11.6 million (EUR 1.23 million), compared to SEK 10.4 million (EUR 1.11 million) for the same quarter last year. Profit after financial items was SEK 10.4 (EUR 1.11 million) compared to SEK 9.8 million (EUR 1.04 million).

"Year to date, NOTE achieved sales growth of 14%. Several of our customers are experiencing a positive momentum. Operating profit for the first three quarters improved by SEK 11.0 million to SEK 34.7 million. Operating margin increased by 1.0 percentage points to 4.3%. Our order book continues to indicate positive volume growth in the fourth quarter, and our Balance Sheet remains strong", says Peter Laveson, CEO and President.

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