Nordic Business Report-April 26, 2006-NOTE AB reports Q1 operating profit of SEK18.9m
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The Swedish electronics manufacturer NOTE AB issued on Wednesday (26 April) its interim report for the first quarter, posting an operating profit of SEK18.9m, as compared to a loss of SEK61.4m in the first quarter of 2005.
The result for the first quarter last year was burdened by restructuring costs of SEK62m.
Sales amounted to SEK398.6m, up from SEK325.0m in the first quarter last year.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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