HMS Networks AB: Interim report January-September 2009
(Thomson Reuters ONE) - Stabilization of the market * Net sales for the first nine months 2009 amounted to SEK 172.3 m (238.6), a 27,8 % decrease * Operating profit during the first nine months reached SEK 15.3 m (58.1), representing a 8.9 % (24.3) operating margin * Profit after taxes totalled SEK 9.0 m (38.6), and result per share amounted to SEK 0.83 (3.50) * Net sales for the third quarter reached SEK 56.7 m (83.0). Operating result amounted to SEK 13.3 m (21.4), a 23.5 % (25.8) operating margin * Net sales, profitability and cash flow improved during the third quarter compared to the previous quarter- The more stable market HMS experienced during the month of Junecontinued during the third quarter. We can now see positive effectsfrom actions taken during the first six months to adjust theoperations to the major decline in the market. Despite considerablelower sales volumes we can show improved margins and the company iswell positioned to meet a higher demand as the market situationimproves, says Staffan Dahlström, CEO of HMS.Halmstad, October 26, 2009Urban Jansson Nicolas Hassbjer Göran SigfridssonChairman of the Vice Chairman of the BoardBoardHenrik 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 151employees 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. HMS is listed on NASDAQ-OMX Nordic Exchange inStockholm in the category Small Cap, Information Technology.http://hugin.info/138433/R/1350229/325682.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 27.10.2009 - 07:50 Uhr
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