Press releases from HMS Networks

Get all the latest financial and corporate news from HMS Networks around the world

Press releases

All the latest financial press releases from HMS Networks

HMS Q1 Report 2015

by Linda Johansson | Apr 24, 2015

Last twelve months

  • Net sales for the last twelve months amounted to 620 MSEK (533) – a 9 % increase in local currencies
  • Operating profit for the last twelve months was 108 MSEK (94) – a 17 % (18) operating margin
  • Order intake for the twelve-month period was 637 MSEK (544)
  • Cash flow from operating activities for the twelve-month period amounted to 92 MSEK (83)
  • Profit after tax for the last twelve months amounted to 71 MSEK (68) and earnings per share was 6.26 SEK (5.99)

First quarter

  • Net sales for the first quarter increased by 22 % to 170 MSEK (139) corresponding to a 10 % increase in local currencies
  • Operating profit was 32 MSEK (22) corresponding to a 19 % (16) operating margin
  • Order intake for the first quarter was 174 MSEK (148)
     
    Comments from the CEO
    The positive development during the latter part of 2014 continued into the first quarter of 2015. We can see a slightly improved situation in the global economy together with a large interest in our technology related to the trend “Industrial Internet of Things” (IIoT). The weakened Swedish currency especially in relation to the U.S. dollar has a positive effect but even adjusted for currency effects, we can report a double-digit percentual sales growth. We are happy to report net sales of 170 MSEK and an order intake of 174 MSEK – both record levels for HMS.

    Despite a decrease in activated development expenses and an increased impact from amortization on intangible assets, a solid gross margin together with a conservative cost increase gives us a 48 % improvement to 32 MSEK on the EBIT level for the first quarter.

    The German and the Japanese markets continue to show solid progress. For the U.S.A. we see a more mixed picture. We have a tailwind from a strong U.S. currency but adjusted for this, we have experienced some delays related to orders. Our increased focus on the Nordic market during the recent years is paying off and the growth on the Scandinavian market was very strong during the first quarter.

    Our investments in the area of wireless communication, which was initiated through an acquisition of a product line of wireless industrial gateways last year, also show very good development.
    For our growth area Netbiter, we can see a 50 % sales increase during the first quarter. Still, we expect that this part of our business has the potential to perform even better going forward.

    Our focus is to drive growth within our three main product brands Anybus, Netbiter and IXXAT. We continue our efforts to balance our long-term growth strategy with a conscious view on expenses. In the long term, we consider the market for industrial communication and remote management to be interesting growth areas and we continue to focus on our motto “Connecting Devices.”

    Halmstad 2015-04-23

    Staffan Dahlström
    Chief Executive Officer

HMS Networks Q1 Report 2015 (English) 

You are not allowed to post comments.


Investors press contact

HMS Headquarters - Sweden

Joakim-Nideborn

JOAKIM NIDEBORN

Tel: +46 35 17 29 00

Email: joni@hms.se

Press images

Download press images and logotypes

Click here

More investor information

Article

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.
Page

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.
Reports

Financial Reports

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

Corporate Governance

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