NOTE selling operation in Norway

As part of NOTE’s streamlining process, its unit in Oslo has been sold to
Dynamic Precision AS of Norway, effective today. In 2015, the Norwegian
operations generated sales of NOK 52 million, but made a negative contribution
to NOTE’s earnings.
"This is a natural step in our strategic direction and streamlining of NOTE. We
are focusing on continuing to increase sales and profitability by investing in
markets where we see continued positive growth potential,” commented Stefan
Hedelius, CEO and President.
In recent years, NOTE has evolved into a stable company with high delivery
position and quality, simultaneous with steady improvements to sales growth and
profitability.
For more information, please contact:
Stefan Hedelius, CEO and President, tel. +46 (0)76 100 0731
Henrik Nygren, CFO, tel. +46 (0)8 568 99003, +46 (0)70 977 0686
About NOTE
NOTE is one of the leading northern European manufacturing and logistics
partners for production of electronics-based products. NOTE produces PCBAs,
subassemblies and box build products. NOTE's offering covers the whole product
lifecycle, from design to after-sales. NOTE has a presence in Sweden, Finland,
the UK, Estonia and China. For the past twelve months, net sales were SEK 1,125
million; the group has approximately 960 employees. NOTE is listed on Nasdaq
Stockholm. For more information, please go to www.note.eu.
NOTE AB (publ) discloses the information provided herein pursuant to the Swedish
Securities Markets Act. This information was submitted for publication on 13 May
2016 at 1:00 p.m.