{"id":136,"date":"2018-04-24T12:30:00","date_gmt":"2018-04-24T12:30:00","guid":{"rendered":"https:\/\/nolato.wpengine.com\/?mfn_news=strong-growth-and-increased-earnings-across-all-business-areas"},"modified":"2018-04-24T12:30:00","modified_gmt":"2018-04-24T12:30:00","slug":"strong-growth-and-increased-earnings-across-all-business-areas","status":"publish","type":"mfn_news","link":"https:\/\/temporary.nolato.com\/fr\/mfn_news\/strong-growth-and-increased-earnings-across-all-business-areas\/","title":{"rendered":"Strong growth and increased earnings across all business areas"},"content":{"rendered":"<div class=\"mfn-preamble\"><strong><\/strong><\/div>\n<p><span>Today\u2019s report by Nolato for the first quarter of 2018 shows continued very strong performance.<\/span><\/p>\n<ul>\n<li>Sales increased to SEK 2,039 million (1,370)<\/li>\n<li>Operating profit (EBITA) rose to SEK 264 million (146) incl. non\u2010recurring items of SEK 20 million (0)<\/li>\n<li>The EBITA margin amounted to 12.9% (10.7), or 12.0% (10.7) excluding non\u2010recurring items<\/li>\n<li>Profit after tax was SEK 206 million (108)<\/li>\n<li>Basic earnings per share increased to SEK 7.83 (4.11)<\/li>\n<li>Cash flow after investments was SEK 187 million (3)<\/li>\n<li>Sustained strong financial position<\/li>\n<\/ul>\n<p><span>Adjusted for currency, Group sales growth for the quarter was an exceptionally strong 55%.<\/span><\/p>\n<p><span>Medical Solutions sales rose to SEK 532 million (487), which, adjusted for currency, is a strong increase of 10%. Operating profit (EBITA) was SEK 69 million (65), with an EBITA margin of 13.0% (13.3).<\/span><\/p>\n<p><span>\u201cVolumes have mainly increased within Medical Devices, with new customer projects making a positive contribution,\u201d noted Nolato President and CEO Christer Wahlquist. \u201cStrong growth has meant that, as per previously communicated decisions, we are expanding production capacity in Hungary, Sweden and Switzerland. These expansions are proceeding according to plan and are expected to be completed by around year\u2010end.\u201d<\/span><\/p>\n<p><span>Integrated Solutions sales rose to SEK 939 million (399); adjusted for currency, the increase was an exceptionally strong 157%. Operating profit (EBITA) rose to SEK 120 million (38) and the EBITA margin to a very strong 12.8% (9.5).<\/span><\/p>\n<p><span>\u201cVery high volumes continued to be supplied for the vaporiser heating products (VHP) product area,\u201d commented Christer Wahlquist. \u201cThese high volumes are expected to continue in the second quarter.\u201d<\/span><\/p>\n<p><span>Industrial Solutions sales increased to SEK 568 million (488); adjusted for currency, sales grew by a strong 16%. Operating profit (EBITA) increased to SEK 57 million (48), while the EBITA margin was 10.0% (9.8).<\/span><\/p>\n<p><span>\u201cVolumes have developed well across almost all product areas, particularly automotive and hygiene,\u201d noted Christer Wahlquist. \u201cAdvanced market positions and a sustained high level of invoicing for development work and production equipment for forthcoming production contributed to the strong growth.\u201d<\/span><\/p>\n<p><span>Nolato\u2019s financial position remains strong. Cash flow, including non\u2010recurring items, increased to SEK 187 million (3). The equity\/assets ratio was 47% (49) and net financial assets amounted to SEK 40 million (net liabilities of SEK \u2013410 million).<\/span><\/p>\n<p><span>\u2010\u2010\u2010\u2010\u2010\u2010\u2010\u2010\u2010<br \/><em>For further information, please contact:<\/em><br \/><em>Christer Wahlquist, President and CEO, +46 (0)705 804848<\/em><br \/><em>Per\u2010Ola Holmstr\u00f6m, CFO, +46 (0)705 763340<\/em><\/span><\/p>\n<p><span><em><span>Nolato is a Swedish group with operations in Europe, Asia and North America. We develop and manufacture products in polymer materials such as plastic, silicone and TPE for leading customers within medical technology, pharmaceuticals, consumer electronics, telecom, automotive, hygiene and other selected industrial sectors. Nolato\u2019s shares are listed on Nasdaq Stockholm in the Mid Cap segment, where they are included in the Industrials sector.<\/span><\/em><\/span><\/p>\n<p><span><em><span>This information is information that Nolato AB is obliged to publish pursuant to the EU Market Abuse Regulation. This information is submitted through the agency of the above contact persons for publication on 24 April 2018 at 2.30 pm CET.<\/span><\/em><\/span><\/p>\n<p><span><em><span>www.nolato.com<\/span><\/em><\/span><\/p>\n<div class=\"mfn-footer\">\n<p><span><strong><\/strong><\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Today\u2019s report by Nolato for the first quarter of 2018 shows continued very strong performance. Sales increased to SEK 2,039 million (1,370) Operating profit (EBITA) rose to SEK 264 million (146) incl. non\u2010recurring items of SEK 20 million (0) The EBITA margin amounted to 12.9% (10.7), or 12.0% (10.7) excluding non\u2010recurring items Profit after tax&hellip; <a class=\"more-link\" href=\"https:\/\/temporary.nolato.com\/fr\/mfn_news\/strong-growth-and-increased-earnings-across-all-business-areas\/\">Continue reading <span class=\"screen-reader-text\">Strong growth and increased earnings across all business areas<\/span><\/a><\/p>\n","protected":false},"template":"","class_list":["post-136","mfn_news","type-mfn_news","status-publish","hentry","mfn-news-tag-mfn-lang-en","mfn-news-tag-mfn-report-interim","mfn-news-tag-mfn-type-ir","mfn-news-tag-mfn-regulatory-mar","mfn-news-tag-mfn","mfn-news-tag-mfn-report-interim-q1","mfn-news-tag-mfn-regulatory","mfn-news-tag-mfn-report","entry"],"translation":{"provider":"WPGlobus","version":"3.0.0","language":"fr","enabled_languages":["en","es","de","fr","ru","sv"],"languages":{"en":{"title":true,"content":true,"excerpt":false},"es":{"title":false,"content":false,"excerpt":false},"de":{"title":false,"content":false,"excerpt":false},"fr":{"title":false,"content":false,"excerpt":false},"ru":{"title":false,"content":false,"excerpt":false},"sv":{"title":false,"content":false,"excerpt":false}}},"_links":{"self":[{"href":"https:\/\/temporary.nolato.com\/fr\/wp-json\/wp\/v2\/mfn_news\/136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/temporary.nolato.com\/fr\/wp-json\/wp\/v2\/mfn_news"}],"about":[{"href":"https:\/\/temporary.nolato.com\/fr\/wp-json\/wp\/v2\/types\/mfn_news"}],"wp:attachment":[{"href":"https:\/\/temporary.nolato.com\/fr\/wp-json\/wp\/v2\/media?parent=136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}