{"id":262,"date":"2013-04-25T11:30:00","date_gmt":"2013-04-25T11:30:00","guid":{"rendered":"https:\/\/nolato.wpengine.com\/?mfn_news=very-strong-quarter-for-nolato"},"modified":"2013-04-25T11:30:00","modified_gmt":"2013-04-25T11:30:00","slug":"very-strong-quarter-for-nolato","status":"publish","type":"mfn_news","link":"https:\/\/temporary.nolato.com\/fr\/mfn_news\/very-strong-quarter-for-nolato\/","title":{"rendered":"Very strong quarter for Nolato"},"content":{"rendered":"<div class=\"mfn-preamble\"><strong>All of Nolato\u2019s business areas performed very strongly in the first quarter of 2013. Group sales increased 50% to SEK 1,254 million (837), operating profit (EBITA) rose to SEK 122 million (57) and earnings per share increased to SEK 3.23 (1.41). The Nolato Telecom business area increased sales by a full 118% thanks to stellar consumer demand for many new models in the quarter.<\/strong><\/div>\n<p>Nolato Medical\u2019s sales rose by 33% to SEK 328 million (246). Operating profit (EBITA) was SEK 43 million (31). The EBITA margin was 13.1% (12.6).<\/p>\n<p>\u201cSales were well in line with the market. A favourable product mix and solid profitability from the latest acquired unit in the quarter contributed to a strong margin,\u201d says President and CEO of Nolato Hans Porat.<\/p>\n<p>Nolato Telecom\u2019s sales rose by a full 118% to SEK 627 million (287). Operating profit (EBITA) climbed to SEK 57 million (7), with an EBITA margin of 9.1% (2.4).<\/p>\n<p>Last year, an older product portfolio at Nolato Telecom was replaced, and new products were rolled out as planned. In the first quarter of the year, demand for a number of these models was very good.<\/p>\n<p>\u201cHigh volumes are also anticipated in the second quarter. Other products will subsequently replace the existing models,\u201d says Hans Porat.<\/p>\n<p>Nolato Industrial\u2019s sales were largely unchanged at SEK 299 million (304). Operating profit (EBITA) was SEK 29 million (28), with a sustained very strong EBITA margin of 9.7% (9.2).<\/p>\n<p>\u201cAdvanced market positions, a favourable product mix and a reduced cost level balanced the poorer economic climate,\u201d continues Hans Porat.<\/p>\n<p>At the end of the quarter, net debt stood at SEK 100 million (149), with an equity\/assets ratio of 44% (51).<\/p>\n<p>The Board proposes to today\u2019s AGM a dividend of SEK 6.00 (5.00), SEK 2.50 (2.00) of which is extra dividend due to the Group\u2019s strong financial position.<\/p>\n<div class=\"mfn-footer\">\n<p><span><em>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<br \/><\/em><\/span><span><em>For further information, please contact:\u00a0<br \/><\/em><\/span><span><em>Hans Porat, President and CEO, telephone 46 431 442294\u00a0<\/em><\/span><br \/><span><em>Per-Ola Holmstr\u00f6m, Executive Vice President and CFO, telephone 46 431 442293<\/em><\/span><\/p>\n<p><span><em><br \/><\/em><\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>All of Nolato&#8217;s business areas performed very strongly in the first quarter of 2013. Group sales increased 50% to SEK 1,254 million (837), operating profit (EBITA) rose to SEK 122 million (57) and earnings per share increased to SEK 3.23 (1.41). The Nolato Telecom business area increased sales by a full 118% thanks to stellar consumer demand for many new models in the quarter.<\/p>\n","protected":false},"template":"","class_list":["post-262","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":true},"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\/262","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=262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}