During an internal review the order intake reported during the first half year of has been found incorrectly reported with 11 %. After the internal control and the necessary adjustments the order intake has been adjusted as described below.
During an internal review the order intake reported during the first half year of has been found incorrectly reported with 11 %.
After the internal control and the necessary adjustments the order intake has been adjusted as described below.
Q1 | Q2 | 6 months | |
| (TSEK) | (TSEK) | (TSEK) |
Reported order intake | 167 453 | 170 326 | 337 779 |
Adjusted order intake | 147 705 | 152 888 | 300 593 |
Difference | 19 748 | 17 438 | 37 186 |
|
|
|
|
Reported growth in order intake | 31% | 18% | 27% |
Adjusted growth in order intake | 14% | 6% | 12% |
Adjusted book to bill | 1,06 | 1,08 | 1,07 |
|
|
|
|
Net sales (unchanged) | 139 127 | 141 451 | 280 578 |
Growth in net sales (unchanged) | 21% | 7% | 16% |
The reason behind the incorrectly reported information is that changes in internal processes at the beginning of 2014 were, on a group level, not correctly collected and consolidated when summarizing information from the subsidiaries.
“Reporting incorrect order intake during the first two quarters is extremely unfortunate. We have internally made the necessary changes to make sure we communicate the correct information going forward. During our internal review we have not found any other errors in the reported figures. It is our assessment that this adjustment of the reported order intake will have no effect on the general market outlook previously communicated in our half year report”, says Staffan Dahlström CEO HMS Networks AB
For more information please contact:
CFO HMS Networks AB Gunnar Högberg, telephone: 17 29 95
CEO HMS Networks AB Staffan Dahlström, telephone: 17 29 01