* 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 17(th), 2012
Halmstad February 10, 2012
Staffan Dahlström
Chief Executive Officer
This Year-End Report has not been reviewed by the Company's auditor.
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 Networks is a world-leading supplier of communication technology for
industrial automation. Sales for the last twelve months totaled SEK 384 million.
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, Mulhouse, Pune, Coventry and Copenhagen. HMS has 240 employees and
produces network interface cards and Gateways to interconnect different networks
under the trademark Anybus® and products for remote management under the
trademark Netbiter®. HMS is listed on NASDAQ-OMX Nordic Exchange in Stockholm in
the category Small Cap, Information Technology.
[HUG#1584435]
