{"id":217,"date":"2015-04-29T12:30:00","date_gmt":"2015-04-29T12:30:00","guid":{"rendered":"https:\/\/nolato.wpengine.com\/?mfn_news=increased-profit-and-strong-cash-flow"},"modified":"2015-04-29T12:30:00","modified_gmt":"2015-04-29T12:30:00","slug":"increased-profit-and-strong-cash-flow","status":"publish","type":"mfn_news","link":"https:\/\/temporary.nolato.com\/sv\/mfn_news\/increased-profit-and-strong-cash-flow\/","title":{"rendered":"Increased profit and strong cash flow"},"content":{"rendered":"
In today\u2019s interim report for the first quarter of 2015, Nolato reports increased profit and strong cash flow.<\/strong><\/div>\n<\/p>\n

\u2022 Sales rose by 15% to SEK 1,073 million (932)
\u2022 Operating profit (EBITA) increased to SEK 123 million (94)
\u2022 Strong EBITA margin of 11.5% (10.1)
\u2022 Profit after tax was SEK 93 million (67)
\u2022 Earnings per share were SEK 3.54 (2.55)
\u2022 Cash flow after investments was SEK 104 million (17) <\/span><\/p>\n

\u201cOur business areas performed well and, compared with the first quarter of 2014, all of them increased both sales and profit,\u201d said Nolato President and CEO Hans Porat. <\/span><\/p>\n

Nolato Medical\u2019s sales were SEK 344 million (326) and EBITA was SEK 46 million (45). The EBITA margin was 13.4% (13.8). <\/span><\/p>\n

\u201cPackaging volumes remained lower in Eastern Europe, while price adjustments owing to lower raw material prices had a negative impact of almost two percentage points on sales,\u201d noted Hans Porat. \u201cOther segments were stable. The Technical Design Center (TDC) experienced high activity, including healthy project activity.\u201d <\/span><\/p>\n

Nolato Telecom\u2019s sales rose to SEK 418 million (320). EBITA doubled to SEK 47 million (23), and the EBITA margin increased to 11.2% (7.2). <\/span><\/p>\n

\u201cVolumes are at a lower level compared with the exceptionally strong fourth quarter of 2014, but business in our EMC area continued its positive performance,\u201d said Hans Porat. \u201cNolato Telecom\u2019s innovation was showcased during the quarter at the CES trade fair in Las Vegas and Mobile World Congress in Barcelona.\u201d <\/span><\/p>\n

Nolato Industrial\u2019s sales rose to SEK 312 million (286) and EBITA to SEK 34 million (31). The EBITA margin was 10.9% (10.8). <\/span><\/p>\n

\u201cDemand in the automotive segment has been good and this business area\u2019s growing market share has had a positive effect. Investments in capacity and new project start-ups are continuing,\u201d said Hans Porat. <\/span><\/p>\n

Cash flow, which has been boosted by the good earnings and a lower need for working capital, amounted to SEK 104 million (17) after investment activities. Net financial assets stood at SEK 192 million (133), with an equity\/assets ratio of 54% (54). <\/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><\/em><\/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 29 April 2015 at 2.30 pm. <\/span><\/em><\/span><\/p>\n

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

\n

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

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