Stabilization of the market
* Net sales for the first nine months 2009 amounted to SEK 172.3 m
(238.6), a 27,8 % decrease
* Operating profit during the first nine months reached SEK 15.3 m
(58.1), representing a 8.9 % (24.3) operating margin
* Profit after taxes totalled SEK 9.0 m (38.6), and result per
share amounted to
SEK 0.83 (3.50)
* Net sales for the third quarter reached SEK 56.7 m (83.0).
Operating result amounted to SEK 13.3 m (21.4), a 23.5 % (25.8)
operating margin
* Net sales, profitability and cash flow improved during the third
quarter compared to the previous quarter
- The more stable market HMS experienced during the month of June
continued during the third quarter. We can now see positive effects
from actions taken during the first six months to adjust the
operations to the major decline in the market. Despite considerable
lower sales volumes we can show improved margins and the company is
well positioned to meet a higher demand as the market situation
improves, says Staffan Dahlström, CEO of HMS.
Halmstad, October 26, 2009
Urban Jansson Nicolas Hassbjer Göran Sigfridsson
Chairman of the Vice Chairman of the Board
Board
Henrik Johansson Ray Mauritsson Staffan Dahlström
CEO
Further information can be obtained from the CEO Staffan Dahlström on
telephone +46-35-17 29 01 or the CFO Gunnar Högberg on telephone
+46-35-17 29 95.
See also http://investors.hms.se
HMS Networks is a world-leading supplier of communication technology
for industrial automation. Sales totalled SEK 317 million in 2008.
Over 90% of these sales were to customers located outside Sweden. All
development and the major portion of manufacturing are performed at
the head office in Halmstad. Sales offices are located in Tokyo,
Beijing, Karlsruhe, Chicago, Milan and Mulhouse. HMS has 151
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.