{"id":333,"date":"2010-04-28T12:00:00","date_gmt":"2010-04-28T12:00:00","guid":{"rendered":"https:\/\/nolato.wpengine.com\/?mfn_news=nolato-strong-growth-and-healthy-earnings"},"modified":"2010-04-28T12:00:00","modified_gmt":"2010-04-28T12:00:00","slug":"nolato-strong-growth-and-healthy-earnings","status":"publish","type":"mfn_news","link":"https:\/\/temporary.nolato.com\/ru\/mfn_news\/nolato-strong-growth-and-healthy-earnings\/","title":{"rendered":"Nolato: Strong growth and healthy earnings"},"content":{"rendered":"<div class=\"mfn-preamble\"><strong><\/strong><\/div>\n<pre><p>In today\u2019s three-month interim report, Nolato has reported strong growth and healthy earnings. Sales rose by 23% to SEK 746 million (606), while operating income (EBITA) increased to SEK 63 million (16). Earnings per share were SEK 1.71 (0.15).\n\n\u201cDemand has been high during the quarter, and all three business areas are showing growth and good profitability,\u201d says Hans Porat, President and CEO of Nolato. \n\nNolato Medical\u2019s sales rose by 4% (by 7%, excluding currency effects) to SEK 186 million, with operating income (EBITA) of SEK 23 million (24). Changes in volumes were in line with market growth. As previously announced, capacity is being increased in H\u00f6rby by 3,700 m\u00b2 in order to create the optimum production structure. This is expected to be complete at the end of the year.\n\nNolato Telecom\u2019s sales rose by a full 42% (by 55%, excluding currency effects) to SEK 320 million, with operating income (EBITA) of SEK 32 million (0). Capacity utilisation has been high during the period which, together with an almost entirely new product mix, has had a positive impact on earnings. The new production unit in Chennai, India, is now operational and developing well.\n\nNolato Industrial saw sales rise by 17% to SEK 241 million, while operating income increased to SEK 17 million (-1). Demand has risen within most customer segments, albeit from very low levels during the corresponding period in 2009. \n\n\u201cWe are pleased to note that our business areas have made progress during the recession, and have won market shares,\u201d adds Mr Porat.\n\nNolato continues to enjoy a strong financial position. Cash flow after investments was SEK 0 million (56). This reduction is due to a temporary high need for working capital within Nolato Telecom. Net debt stood at SEK 44 million (28).\n\nThe complete report can be downloaded from www.nolato.com<\/p><\/pre>\n<div class=\"mfn-footer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>In today\u2019s three-month interim report, Nolato has reported strong growth and healthy earnings. Sales rose by 23% to SEK 746 million (606), while operating income (EBITA) increased to SEK 63 million (16). Earnings per share were SEK 1.71 (0.15). \u201cDemand has been high during the quarter, and all three business areas are showing growth and&hellip; <a class=\"more-link\" href=\"https:\/\/temporary.nolato.com\/ru\/mfn_news\/nolato-strong-growth-and-healthy-earnings\/\">Continue reading <span class=\"screen-reader-text\">Nolato: Strong growth and healthy earnings<\/span><\/a><\/p>\n","protected":false},"template":"","class_list":["post-333","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-listing","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":"ru","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\/ru\/wp-json\/wp\/v2\/mfn_news\/333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/temporary.nolato.com\/ru\/wp-json\/wp\/v2\/mfn_news"}],"about":[{"href":"https:\/\/temporary.nolato.com\/ru\/wp-json\/wp\/v2\/types\/mfn_news"}],"wp:attachment":[{"href":"https:\/\/temporary.nolato.com\/ru\/wp-json\/wp\/v2\/media?parent=333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}