Electronics Production | October 25, 2006
NOTE presents strong report
Swedish EMS provider NOTE posts continuing good volumes in the third quarter and gradual improvements of margins during the year.
For the period January-September sales increased 16,5% to 134 MEUR (115). Operating profit amounted during the same period to 7.48 MEUR (-9.4) and operating margin was 5.6% (-8.2%). Profit after tax was for the year's first three quarters 4.91 MEUR (-7.42). Even the cashflow was strengthened to -1.78 MEUR (-3.54). For the third quarter sales increased 21.4% to 45 MEUR (37.2). Operating profit improved 25.8% during the period to 2.87 MEUR (2.3). Operating margin has gradually been improved during the year and amounted to 6.0% (5.2%). Cash flow was -2.67 MEUR (-3.6).