HMS Networks: Interim report January - March 2015
(Thomson Reuters ONE) -
Last twelve months
* Net sales for the last twelve months amounted to 620 MSEK (533) - a 9 %
increase in local currencies
* Operating profit for the last twelve months was 108 MSEK (94) - a 17 % (18)
operating margin
* Order intake for the twelve-month period was 637 MSEK (544)
* Cash flow from operating activities for the twelve-month period amounted to
92 MSEK (83)
* Profit after tax for the last twelve months amounted to 71 MSEK (68) and
earnings per share was 6.26 SEK (5.99)
First quarter
* Net sales for the first quarter increased by 22 % to 170 MSEK (139)
corresponding to a 10 % increase in local currencies
* Operating profit was 32 MSEK (22) corresponding to a 19 % (16) operating
margin
* Order intake for the first quarter was 174 MSEK (148)
Comments from the CEO
The positive development during the latter part of 2014 continued into the first
quarter of 2015. We can see a slightly improved situation in the global economy
together with a large interest in our technology related to the trend
"Industrial Internet of Things" (IIoT). The weakened Swedish currency especially
in relation to the U.S. dollar has a positive effect but even adjusted for
currency effects, we can report a double digit percentual sales growth. We are
happy to report net sales of 170 MSEK and an order intake of 174 MSEK - both
record levels for HMS.
Despite a decrease in activated development expenses and an increased impact
from amortization on intangible assets, a solid gross margin together with a
conservative cost increase gives us a 48 % improvement to 32 MSEK on the EBIT
level for the first quarter.
The German and the Japanese markets continue to show solid progress. For the
U.S.A. we see a more mixed picture. We have a tailwind from a strong U.S.
currency but adjusted for this, we have experienced some delays related to
orders. Our increased focus on the Nordic market during the recent years is
paying off and the growth on the Scandinavian market was very strong during the
first quarter.
Our investments in the area of wireless communication, which was initiated
through an acquisition of a product line of wireless industrial gateways last
year, also show very good development.
For our growth area Netbiter, we can see a 50 % sales increase during the first
quarter. Still, we expect that this part of our business has the potential to
perform even better going forward.
Our focus is to drive growth within our three main product brands Anybus,
Netbiter and IXXAT. We continue our efforts to balance our long term growth
strategy with a conscious view on expenses. In the long term, we consider the
market for industrial communication and remote management to be interesting
growth areas and we continue to focus around our motto "Connecting Devices."
Halmstad 2015-04-23
Staffan Dahlström
Chief Executive Officer
Further information can be obtained from: CEO Staffan Dahlström, telephone +46
(0) 35-17 29 01 or CFO Gunnar Högberg, telephone +46 (0) 35-17 29 95. See also:
http://investors.hms.se
HMS Industrial Networks is the leading independent supplier of products for
industrial communication including remote management. HMS develops and
manufactures solutions for connecting automation devices and systems to
industrial networks under the Netbiter, Anybus and IXXAT brands.
Development and manufacturing take place at the headquarters in Halmstad, Sweden
and in Weingarten, Germany. Local sales and support are handled by branch
offices in China, Denmark, France, Germany, India, Italy, Japan, UK, and USA.
HMS employs over 370 people and reported sales of 63 million EUR in 2014. HMS is
listed on the NASDAQ OMX in Stockholm.
Q1 Report 2015:
http://hugin.info/138433/R/1914187/683954.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: HMS Networks AB via GlobeNewswire
[HUG#1914187]
Unternehmensinformation / Kurzprofil:
Datum: 24.04.2015 - 07:50 Uhr
Sprache: Deutsch
News-ID 388292
Anzahl Zeichen: 4859
contact information:
Town:
Halmstad
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 114 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"HMS Networks: Interim report January - March 2015"
steht unter der journalistisch-redaktionellen Verantwortung von
HMS Networks AB (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
