Last twelve months
* Net sales for the last twelve months totaled to SEK 393 m (389),
corresponding to a 4 % increase in local currencies
* Operating profit for the last twelve months was SEK 63 m (69), equal to a
16.1% (17.7) operating margin
* Order intake for the twelve month period was SEK 427 m (407)
* Cash flow from operating activities for the twelve month period amounted to
SEK 124 m (55)
* Profit after tax for last twelve months amounted to SEK 51 m (52) and
earnings per share was SEK 4.52 (4.66)
First quarter
* Net sales for the first quarter totaled to SEK 107 m (96) corresponding to a
17.4 % increase in local currencies and operating profit amounted to SEK 14
m (14)
* Order intake for the first quarter was SEK 119 m (116)
* IXXAT Automation was acquired during the quarter and has affected the
company's result for two months.
Comments from the CEO
During the first quarter, HMS acquired the German company IXXAT Automation.
IXXAT develops and sells industrial communication products to companies within,
for example, machine building, the automotive industry, and medical technology.
We have started to co-ordinate IXXAT's sales and marketing resources with HMS's
organization in order to create a common global sales organization for our
brands Anybus®, IXXAT® and Netbiter®. In the long term, we also see
opportunities to co-ordinate technology and development projects from the
acquired business which will affect forthcoming product generations from HMS.
During the first quarter of the year, we saw a continually cautious market
without underlying growth, but as we now, as of February, include IXXAT in our
results, we reach a new turnover record of 107 MSEK.
Our goal is now to take full advantage of the newly acquired business as well as
the resource investments made during the past few years.
The previously communicated market uncertainty persists. On our major markets we
see continuing positive signs on the American market. The German market is
stable, but somewhat reserved and the Japanese market is still uncertain.
We see a inflow of design-wins confirming our strong position on the market. The
conditions for a continued long-term growth are unchanged despite the short-term
uncertainty among our customers. We will continue to drive growth through our
three product brands Anybus, Netbiter and IXXAT. Our market is continually
uncertain in the short term, which means that we continue to balance our long-
term growth strategy with a restrictive view on costs. In the long term, we see
the markets for industrial communication and remote management to be growth
sectors.
Halmstad April 19, 2013
Staffan Dahlström
Chief Executive Officer
Further information can be obtained from: CEO Staffan Dahlström, telephone +46
(0) 35-17 29 01 or CFO Gunnar Högberg, telephone +46 (0) 35-17 29 95. See also:
http://investors.hms.se
HMS Industrial Networks (publ) is the leading independent supplier of products
for industrial communication including remote management. HMS develops and
manufactures solutions for connecting automation devices and systems to
industrial networks under the Netbiter, Anybus and IXXAT brands.
Development and manufacturing take place at the headquarters in Halmstad, Sweden
and in Weingarten, Germany. Local sales and support are handled by branch
offices in China, Denmark, France, Germany, India, Italy, Japan, UK, and USA.
HMS employs over 350 people and reported sales of 58 million EUR in 2012. HMS is
listed on the NASDAQ OMX in Stockholm.
[HUG#1694341]
