HMS Networks AB: Interim report January-June 2009>
HMS Networks AB: Interim report January-June 2009
(Thomson Reuters ONE) - First six months 2009 * Net sales for the first six months 2009 amounted to SEK 115.6 m (155.7), equal to a 26% decrease * Order intake during the first half year decreased with 28% to SEK 117.2 m (163.3) * Operating profit reached SEK 2.0 m (36.6), representing a 1.7 % (23.3) operating margin. For the last four quarters the operating margin amounted to 18.2 % * Operating result for the period was affected by a SEK 1.0 m cost for restructuring * Negative SEK - 10.0 m impact from currency hedging contracts realized in the first six months * Profit after taxes totalled SEK 0.1 m (23.3), and result per share amounted to - 0.01 Kr (2.15)- The market continued to weaken during the first six months of 2009,which affects HMS sales volumes. Adjustments to inventory levels madeby our customers were larger and longer than we could previouslyforesee, at the same time as currency hedging contracts affected ourresult negatively. We continue to see an inflow of new customers i.e.Design Wins which supports us in our opinion that we in the long termwill reach our financial targets, says Staffan Dahlström, CEO of HMS.Halmstad, July 14, 2009Urban Jansson Nicolas Hassbjer Göran SigfridssonChairman of the Vice Chairman of theBoard BoardHenrik Johansson Ray Mauritsson Staffan Dahlström CEOFurther information can be obtained from the CEO Staffan Dahlström ontelephone +46-35-17 29 01 or the CFO Gunnar Högberg on telephone+46-35-17 29 95.See also http://investors.hms.seHMS Networks is a world-leading supplier of communication technologyfor industrial automation. Sales totalled SEK 317 million in 2008.Over 90% of these sales were to customers located outside Sweden. Alldevelopment and the major portion of manufacturing are performed atthe head office in Halmstad. Sales offices are located in Tokyo,Beijing, Karlsruhe, Chicago, Milan and Mulhouse. HMS has 155employees and produces network interface cards and products tointerconnect different networks under the trademark Anybus®. Thenetwork interface cards are embedded in automation equipment such asrobots, control systems, motors and sensors. This allowssubcomponents in machines to communicate with one another and withdifferent networks in order to build more efficient and flexiblemanufacturing systems.In 2008 HMS was awarded to Sweden's best export company by H.M. theKing of Sweden. HMS is listed on NASDAQ-OMX Nordic Exchange inStockholm in the category Small Cap, Information Technology.http://hugin.info/138433/R/1328842/313412.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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Datum: 15.07.2009 - 07:50 Uhr
Sprache: Deutsch
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