* Net sales increased by 41 % and profit after tax increased by 200%
* Net sales for the year increased to SEK 344.5 m (244.5), corresponding to a
52 % increase in local currencies
* Operating profit reached SEK 83.5 m (31.1), equal to a 24.2 % (12.7)
operating margin
* Order intake amounted to SEK 342.3 m (257.9)
* Cash flow from operating activities improved to SEK 74.8 m (31.0)
* Profit after taxes totaled SEK 60.3 m (20.1) and earnings per share amounted
to SEK 5.41 (1.88)
* Net sales for the fourth quarter amounted to SEK 91.6 m (72.2) and the
operating result reached SEK 19.8 m (15.8)
* The Board of Directors propose a dividend of SEK 2.00 (1.00) per share
Halmstad February 2, 2011
Staffan Dahlström
Chief Executive Officer
This yearend report has not been reviewed by the Company's auditor
Further information can be obtained from:
CEO Staffan Dahlström, on telephone +46 (0) 35-17 29 01 or
CFO Gunnar Högberg, on telephone +46 (0) 35-17 29 95
HMS Networks is a world-leading supplier of communication technology for
industrial automation. Sales totaled SEK 345 in 2010. Over 90% of these sales
were to customers located outside Sweden. All product development and parts of
the manufacturing are performed at the head office in Halmstad. Sales offices
are located in Tokyo, Beijing, Karlsruhe, Chicago, Milan and Mulhouse. HMS has
190 employees and produces network interface cards and products to interconnect
different networks under the trademark Anybus®. The network interface cards are
embedded in automation equipment such as robots, control systems, motors and
sensors. This allows subcomponents in machines to communicate with one another
and with different networks in order to build more efficient and flexible
manufacturing systems. HMS is listed on NASDAQ-OMX Nordic Exchange in Stockholm
in the category Small Cap, Information Technology.
[HUG#1484555]
