HMS Networks AB: Interim report January-March 2010
(Thomson Reuters ONE) -
First quarter 2010
· Net sales increased with 16% to SEK 76.1 m (65.6). Net sales for the
last four quarters totalled SEK 255.0 m (306.6)
· Operating profit improved to SEK 17.9 m (5.0), representing a 23.6 %
(7.6) operating margin. For the last four quarters the operating margin amounted
to 17.3% (23.3)
· Order intake amounted to SEK 79.8 m (57.0), corresponding to a 40%
increase compared to the first quarter the previous year
· Cash flow from ongoing operations improved with SEK 7.8 m to SEK 10.5
m (2.8)
· Profit after taxes totalled SEK 13.4 m (3.6)
· Earnings per share amounted to SEK 1.16 (0.32)
- The rapid recovery we experienced during the last six months of 2009 continued
during the first quarter of 2010, with a certain weakening by the end of the
quarter. A major part of the recovery originates from our existing customers
both from their improved sales volumes and from adjusting their inventory levels
based on a more positive view of the market situation. On top of this we also
have a large number of new design wins moving into production phase and
generating sales during the recent months, says Staffan Dahlström, CEO of HMS.
Halmstad, April 19, 2010
Staffan Dahlström
CEO
This report has not been reviewed by the Company's auditor.
Further information can be obtained from the CEO Staffan Dahlström on telephone
+46-35-17 29 01 or the CFO Gunnar Högberg on telephone +46-35-17 29 95.
See alsohttp://investors.hms.se
HMS Networks is a world-leading supplier of communication technology for
industrial automation. Sales totalled SEK 245 million in 2009. Over 90% of these
sales were to customers located outside Sweden. All development and the major
portion of manufacturing are performed at the head office in Halmstad. Sales
offices are located in Tokyo, Beijing, Karlsruhe, Chicago, Milan and Mulhouse.
HMS has 154 employees and produces network interface cards and products to
interconnect different networks under the trademark Anybus®. The network
interface cards are embedded in automation equipment such as robots, control
systems, motors and sensors. This allows subcomponents in machines to
communicate with one another and with different networks in order to build more
efficient and flexible manufacturing systems. HMS is listed on NASDAQ-OMX Nordic
Exchange in Stockholm in the category Small Cap, Information Technology.
[HUG#1404969]
Q1 Report 2010: http://hugin.info/138433/R/1404969/358943.pdf
Unternehmensinformation / Kurzprofil:
Datum: 19.04.2010 - 07:51 Uhr
Sprache: Deutsch
News-ID 19224
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contact information:
Town:
Halmstad
Kategorie:
Business News
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