Net sales for the full year reached SEK 384 m (344), corresponding to a 11.3 % increase. In local currencies the increase was 18.1 %
Operating profit reached SEK 72 m (84), equal to a
18.8 % (24.2) operating margin. Currency fluctuations had a SEK 12 m negative impact on the full year result
Order intake for the year increased with 13.3 % to SEK 388 m (342)
Cash flow from operating activities amounted to SEK 46 m (75)
Profit after taxes totaled SEK 54 m (62) and result per share amounted to SEK 4.84 (5.41)
The Board of Directors propose a dividend to the amount of 2.25 (2.00) and have decided on a new dividend policy
Net sales for the fourth quarter amounted to SEK 95 m (92) and operating result to SEK 10 m (20), corresponding to a 10.5 % (21.7) operating margin
Hence net sales and operating result corresponds to levels indicated in the press release issued on January 17th, 2012
Comments of the CEO
"We have noticed a growing uncertainty in our markets resulting in lower net sales for the fourth quarter compared to the third quarter 2011. The Japanese market was weak and this uncertainty will extend into the nearest future. The German market is cautious but we can see positive signals amongst other in the Automotive segment. The American market continues to develop positively. We can see a continued success related to customized solutions of our technology to leading actors in the market, but this business will not have an effect on our sales figures until the later part of 2012 and going forward."
Further information can be obtained from:
CEO Staffan Dahlström, on telephone +46-35-17 29 01 or
CFO Gunnar Högberg, on telephone +46-35-17 29 95
HMS Q4 Report 2011 (English)