Continued growth and major investments for the future

Another year of successful growth both organically and with acquisitions

2018 in brief

In 2018, sales increased to SEK 1,366  (1,183) million and operating profit was SEK 251 (212) million. The number of employees increased to 592 (542).


HMS opens an office in Singapore to cover the rapidly expanding market in Southeast Asia.

HMS presents its annual study of the industrial network market and concludes that modern Ethernet-based networks are now bigger than traditional fieldbuses.

At the Annual General Meeting in Halmstad, two new board members are elected: Ulf Södergren, former CTO of ASSA ABLOY (publ) and Cecilia Wachtmeister, Executive Vice President Business & Group Functions, Kambi Group Plc (at present Vice President, Head of Group Sourcing & Procurement of Ericsson AB.)

For the fourth year in a row, HMS’s Ewon solutions are a winner of the 2018 Control Design Readers’ Choice Awards . The readers of the US-based journal awarded Ewon first place in the Remote Access category.

HMS aquires German company Beck IPC GmbH – a leading provider in the embedded communications market with solutions for embedded control, M2M communication and the Industrial Internet of Things, IIoT.

During the fall trade fairs, HMS launches a number of solutions for IIoT. Under the theme “Hardware Meets Software™, HMS launches several new products for connecting industrial hardware to IoT software.

Key figures

  • 2018
  • 2017
  • 2016
  • 2015
2019  2018 2017 2016 2015
Net sales, SEK m  1,519 1,366 1,183 952 702
Growth in net sales, %  11 15 24 36 19
Operating profit, SEK m  243 251 212 149 102
Operating margin, %  16 18 18 16 15
Profit for the year  205 171 143 100 60
Order intake, SEK m  1,470 1,433 1,204 966 682
Earnings per share, basic, SEK*  4.43 3.68 3.06 2.16 1.33
Dividend per share, SEK* 1.90**  1.80 1.50 1.00 0.63
Cash flow from operating activities, SEK m 254  193 207 155 90
Average number of employees 617  536 486 467 359


* Key ratios have been recalculated based on the 4:1 share split in the second quarter of 2017.
** Board's proposal.

Financial development (MSEK)


Earnings trend (MSEK)


More investor information


Financial Information

Over the past decade, HMS has grown by an average of over 20 % per year. Learn more about the HMS stock and our financial development.

Financial Reports

HMS has excellent opportunities for continued growth into the future. View our latest financial reports or browse our extensive report database.

Five reasons to invest in HMS

With a business concept in line with the future and a proven track record of innovation, HMS is a company aiming for future growth.

Corporate Governance

Corporate governance is instrumental in the development of HMS' shareholder values and investor confidence. Learn more on how HMS is governed.