Financial Statement Full year 2016

Fourth quarter 2016  

  • Incoming orders rose 16% to SEK 669 million (577)  
  • Net sales rose 12% to SEK 654 million (581)  
  • Operating profit rose 31% to SEK 76 million (58)  
  • EBITA rose 27% to SEK 81 million (64)  
  • Profit before tax rose 29% to SEK 74 million (58)  
  • Profit after tax rose 32% to SEK 60 million (45)  
  • Earnings per share were SEK 2.59 (1.96)  
  • Two acquisitions, RF Partner AB with its subsidiary, and Sitek-Palvelu OY  

January - December 2016  

  • Incoming orders rose 8% to SEK 2,413 million (2,226)  
  • Net sales rose 7% to SEK 2,382 million (2,232)  
  • Operating profit rose 15% to SEK 259 million (225)  
  • EBITA rose 13% to SEK 277 million (246)  
  • Profit before tax rose 15% to SEK 255 million (221)  
  • Profit after tax rose 16% to SEK 201 million (173)  
  • Earnings per share were SEK 8.70 (7.50)  
  • The Board of Directors recommends a dividend of SEK 5.50 per share (5.00)  

For further information, please contact the Managing Director, Jörgen Zahlin, on +46 (0)75-242 40 22 or the Finance Director, Jan Cnattingius, on +46 (0)75-242 40 03.

One of Europe's leading technology trading companies with 35 operating entities in 14 countries

For 40 years, OEM's idea has been to serve as a link that creates value between customers and manufacturers of industrial components and systems. Over the years, the company has grown from a small, family-owned business in Tranås in southern Sweden into an international technology trading group operating in 14 countries in northern Europe, Central Eastern Europe, the UK and China. OEM has partnerships with more than 300 leading and specialist manufacturers and is responsible for their sales in selected markets. Its range comprises more than 50,000 products in the areas of electrical components, flow technology, motors, transmissions and brakes, ball bearings and seals, appliance components and installation components. The Group has a customer base of more than 25,000 businesses, primarily in the manufacturing sector. The company's high level of expertise enables it to help customers increase purchasing efficiency and choose the right components.

About Us

OEM markets electronics and electromechanical components and systems.