HMS Networks AB: Q1 report January-March 2008 - Strong start for 2008



* Net sales rose to SEK 77.3 m (68.0), which is equivalent to a
    growth of 13.8%. Over the last 12-month period, net sales rose by
    16.6 % to SEK 278.8 m.

  * Orders received went up by 29% to SEK 79.8 m (61.8).

  * The operating profit improved by 36.0% to SEK 18.6 m (13.7). The
    operating margin was 24.0% (20.1). Over the last 12-month period
    the operating margin was 21.3 %.

  * The profit after tax climbed by 36.0% to SEK 11.5 m (8.5) and
    earnings per share improved to SEK 1.02 (0.81).

 "The year has started well in all respects for HMS. With improved
orders received and a relatively good product mix, we can start 2008
with record results for HMS. Moreover we have had a major
breakthrough regarding larger design-wins for our new
Anybus-technology, which is important for our long-term growth," says
Nicolas Hassbjer, CEO of HMS.
 
 
Halmstad 30 April 2008
 

Urban Jansson              Jörgen Centerman            Ray Mauritsson
                                                        
Sebastian                  Staffan Dahlström           Nicolas
Ehrnrooth                                              Hassbjer
                                                       CEO

 
 
Further information can be obtained from the CEO Nicolas Hassbjer or
the CFO Gunnar Högberg by phoning +46 35 17 29 00. See also
http://investors.hms.se
 
 
HMS Networks is a world-leading supplier of communication  technology
for industrial automation. Sales totalled SEK 270 m in 2007. Over 90%
of  these  sales  were  to  customers  located  outside  Sweden.  All
development and the major portion of manufacturing is carried out  at
the head  office in  Halmstad. Sales  offices are  located in  Tokyo,
Beijing,  Karlsruhe,  Chicago,  Milan  and  Mulhouse.  HMS  has   155
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. HMS  was formed in  1988 and has  had an  average
organic growth of 30% annually over the last 10 years. HMS is  listed
on the OMX Nordic Exchange in Stockholm in the Small Cap, Information
Technology sector.
 

Attachments

Q1 Report 2008