{"id":211,"date":"2015-07-21T12:30:00","date_gmt":"2015-07-21T12:30:00","guid":{"rendered":"https:\/\/nolato.wpengine.com\/?mfn_news=very-high-profitability-and-solid-financial-position"},"modified":"2015-07-21T12:30:00","modified_gmt":"2015-07-21T12:30:00","slug":"very-high-profitability-and-solid-financial-position","status":"publish","type":"mfn_news","link":"https:\/\/temporary.nolato.com\/sv\/mfn_news\/very-high-profitability-and-solid-financial-position\/","title":{"rendered":"Very high profitability and solid financial position"},"content":{"rendered":"
<\/strong><\/div>\n

Nolato\u2019s report for the second quarter of 2015, which is published today, posts the company\u2019s strongest ever individual quarter.
<\/span><\/strong><\/span><\/p>\n

\u2022 Sales rose by 33% to SEK 1,280 million (965)
\u2022 Operating profit (EBITA) increased to SEK 167 million (100)
<\/span>\u2022 Strong EBITA margin of 13.0% (10.4)
<\/span>\u2022 Profit after tax was SEK 125 million (81)
<\/span>\u2022 Earnings per share were SEK 4.75 (3.08)
<\/span>\u2022 Cash flow after investments was SEK -52 million (33)<\/span><\/strong><\/span><\/p>\n

\u201cIt\u2019s very encouraging that our strategic work, which is focussing on innovation, quality and productivity, is generating results. We are constantly making market position gains and are becoming an increasingly important partner for many of our customers,\u201d said Nolato President and CEO Hans Porat. <\/span><\/p>\n

Nolato Medical\u2019s sales were SEK 365 million (343) and its EBITA was SEK 47 million (46). The EBITA margin was 12.9% (13.4).
\u201cPackaging volumes remained low in Eastern Europe, while price adjustments resulting from lower raw material prices had a negative impact on sales,\u201d noted Hans Porat. \u201cOther segments were stable. Our development operations experienced high project activity and healthy capacity utilisation, which is enabling future growth.\u201d <\/span><\/p>\n

Nolato Telecom\u2019s sales rose to SEK 584 million (344). EBITA increased to SEK 101 million (30) and the EBITA margin rose to a very strong 17.3% (8.7).
\u201cSeveral of our customers\u2019 mobile phone models have been successful on the consumer market, which generated the significant growth in the quarter. High volumes and a favourable product mix with a low proportion of materials, in combination with high efficiency and capacity utilisation, explains the very strong margin,\u201d said Hans Porat. <\/span><\/p>\n

Nolato Industrial\u2019s sales rose to SEK 332 million (279) and its EBITA to SEK 34 million (30). The EBITA margin was 10.2% (10.8).
\u201cIt\u2019s pleasing that volumes in the automotive segment have continued to increase, and our growing market share in this business area is having a positive effect,\u201d noted Hans Porat. <\/span><\/p>\n

Cash flow was affected by higher working capital needs resulting from the increased activity and positive development of sales. Cash flow after investments amounted to SEK -52 million (33).<\/span><\/p>\n

Nolato is showing very high profitability, with return on capital employed of 31.6% (24.1) over the last twelve months. At the end of the quarter, net debt stood at SEK 101 million (37), with an equity\/assets ratio of 49% (51).<\/span><\/p>\n

———
For further information, please contact:
Hans Porat, President and CEO, +46 705 517550
Per-Ola Holmstr\u00f6m, CFO, +46 705 763340<\/span><\/p>\n

Nolato is a Swedish group operating in Europe, Asia and North America. We develop and manufacture products made from polymer materials such as plastic, silicone and TPE for leading customers in medical technology, pharmaceuticals, telecoms, automotive, hygiene and other selected industrial sectors. Nolato shares are listed on Nasdaq Stockholm, where Nolato is a Mid Cap company in the Industrials sector.<\/span><\/p>\n

The information is such which Nolato AB is obliged to disclose under the Swedish Securities Market Act and\/or the Swedish Financial Instruments Trading Act. This information was made public on 21 July 2015 at 2.30 pm.<\/span><\/p>\n

www.nolato.com<\/span><\/a><\/span><\/p>\n

\n

<\/strong><\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Nolato\u2019s report for the second quarter of 2015, which is published today, posts the company\u2019s strongest ever individual quarter. \u2022 Sales rose by 33% to SEK 1,280 million (965)\u2022 Operating profit (EBITA) increased to SEK 167 million (100)\u2022 Strong EBITA margin of 13.0% (10.4)\u2022 Profit after tax was SEK 125 million (81)\u2022 Earnings per share… Continue reading Very high profitability and solid financial position<\/span><\/a><\/p>\n","protected":false},"template":"","class_list":["post-211","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","mfn-news-tag-mfn-report-interim-q2","mfn-news-tag-mfn-regulatory","mfn-news-tag-mfn-report","mfn-news-tag-mfn-regulatory-vpml","entry"],"translation":{"provider":"WPGlobus","version":"3.0.0","language":"sv","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\/sv\/wp-json\/wp\/v2\/mfn_news\/211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/temporary.nolato.com\/sv\/wp-json\/wp\/v2\/mfn_news"}],"about":[{"href":"https:\/\/temporary.nolato.com\/sv\/wp-json\/wp\/v2\/types\/mfn_news"}],"wp:attachment":[{"href":"https:\/\/temporary.nolato.com\/sv\/wp-json\/wp\/v2\/media?parent=211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}