NOTE’s Year-end Report 2013
Financial Performance October–December
• Sales were SEK 255.3 (240.4) million.
• The operating profit was SEK 9.7 (-5.4) million.
• The operating margin was 3.8% (-2.3%).
• The profit after financial items was SEK 6.4 (-6.8) million.
• The profit after tax was SEK 7.7 (-7.8) million, corresponding to SEK 0.27 (-0.27) per share.
• Cash flow after investments was SEK -2.3 (26.1) million, or SEK -0.08 (0.90) per share.
Financial Performance January–December
• Sales were SEK 907.0 (1,029.2) million.
• The operating profit was SEK 9.0 (26.0) million. Underlying operating profit, excluding provisioning for bad debt, was SEK 17.4 (38.6) million.
• The operating margin was 1.0% (2.5%).
• The profit after financial items was SEK 1.2 (19.1) million.
• The profit after tax was SEK 0.7 (12.6) million, corresponding to SEK 0.02 (0.44) per share.
• Cash flow after investments was SEK -2.0 (97.0) million, or SEK -0.07 (3.36) per share.
Dividend
The Board of Directors is proposing that no dividend is paid to shareholders. In the previous year, dividend was SEK 0.75 per share, corresponding to SEK 21.7 million. The AGM will be held on 25 April 2014.
NOTE’s Year-end Report for 2013 is now available in PDF format on the corporate web site, www.note.eu, and attached to this message. The Interim Report for January–March will be published on 25 April.
For more information, please contact:
Peter Laveson, CEO and President, tel. +46 (0)8 568 99006, +46 (0)70 433 9999
Henrik Nygren, CFO, tel. +46 (0)8 568 99003, +46 (0)70 977 0686
About NOTE
NOTE is one of the leading Northern European manufacturing and logistics partners for electronics production. NOTE produces PCBAs, sub-assemblies and box build products. NOTE's offering covers the whole product lifecycle, from design to after-sales. NOTE has a presence in Sweden, Norway, Finland, the UK, Estonia and China. In 2013, net sales were SEK 907 million; the group has approximately 850 employees. NOTE is listed on the NASDAQ OMX Stockholm Exchange. For more information, please go to www.note.eu.
NOTE AB (publ) discloses the information provided herein pursuant to the Securities Markets Act.
The information was submitted for publication on 6 February 2014 at 8:30 a.m.
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