-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueBox Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
Boost Your Sales
Every part of your business can be evaluated as a process, including your sales funnel. Optimizing your selling process requires a coordinated effort between marketing and sales. In this issue, industry experts in marketing and sales offer their best advice on how to boost your sales efforts.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
HANZA Releases Interim Report January-June 2023
July 26, 2023 | HANZAEstimated reading time: 1 minute
HANZA AB reports another record-strong quarter with stable growth and a significant margin increase. The company further writes about the recently won major order to Mitsubishi and a continued very good order intake in virtually all industries and geographies.
Second quarter 2023
- Net sales increased by 21 % to SEK 1 068 million (886).
- Adjusted for acquisitions and currency, organic growth was 13%.
- Operating profit (EBITA) increased to SEK 92 m (57), which corresponds to an operating margin of 8.6% (6.4).
- Profit after tax amounted to SEK 60 million (36), corresponding to SEK 1.51 per share (1.01) before dilution and SEK 1.49 (1.00) after dilution.
- Cash flow from operating activities totalled SEK 86 million (29).
First half of 2023
- Net sales increased by 25 % to SEK 2 132 million (1 710).
- Adjusted for acquisitions and currency, growth was 18%.
- Operating profit (EBITA) increased to SEK 179 million (99), which corresponds to an operating margin of 8.4% (5.8). Energy subsidies had a positive impact of SEK 7 million. Excluding this item, operating profit amounted to SEK 172 million, corresponding to an operating margin of 8.1%.
- Profit after tax amounted to SEK 118 million (55), corresponding to SEK 3.00 per share (1.55) before dilution and SEK 2.96 (1.53) after dilution.
- Cash flow from operating activities totalled SEK 175 million (43).
CEO Erik Stenfors comments on the report:
"During the quarter, we saw continued good demand from HANZA's broad customer base. To meet the growth, we are working to expand capacity through efficiency improvements. Q2 was therefore our strongest quarter to date in terms of earnings with an operating margin of 8.6 per cent (6.4). In the Main Markets segment, the margin now reaches as much as 11.1 per cent, which is industry leading. Furthermore, cash flow continues to be strong despite the expansion requiring working capital."
"HANZA also continues to win brand new business and one example is the agreement we signed with Mitsubishi Logisnext Europe in early July. It is a large deal - we estimate the order value to be significantly over SEK 100 million per year - but above all, it is a good example of our unique offer to simplify supply chains. We see that the need is increasing, not least because of a changing world."
"A cornerstone for HANZA is a long-term approach. We look forward to continuing to be a fast-growing company for a long time and thus also during different economic phases. And with profitability that increases for simple and clear reasons."
Suggested Items
NCAB Group Posts Interim Report Q1 2024
04/26/2024 | NCAB GroupNet sales decreased by 17% to SEK 950.6 million (1,146.4). Compared with the year-earlier period, sales were affected bylower prices and continued inventory adjustments by customers. In USD, net sales decreased 17%. For comparable units, net sales decreased 24% in both SEK and USD.
Rogers Corporation Reports Q1 2024 Results
04/26/2024 | Rogers CorporationNet sales of $213.4 million increased 4.3% versus the prior quarter resulting from higher sales in the AES and EMS business units. AES net sales increased by 4.1% primarily related to higher aerospace and defense (A&D), wireless infrastructure, industrial and renewable energy sales, partially offset by lower EV/HEV and ADAS sales. EMS net sales increased by 2.8% primarily from higher general industrial, A&D and EV/HEV sales, partially offset by seasonally lower portable electronics sales.
NOTE Releases Interim Report for January-March 2024.
04/23/2024 | NOTENOTE has announced its interim report for January-March 2024.
Mycronic Releases Interim Report January–March 2024
04/18/2024 | MycronicNet sales increased 39 percent to SEK 1,692 (1,219) million. Based on constant exchange rates, net sales increased 42 percent.
Aspocomp’s Q1 Net Sales and Operating Result Decreased YoY
04/18/2024 | AspocompInflation and interest rates, weak economic development, the uncertainties posed by Russia’s war of aggression and the situation in the Middle East, and global trade policy tensions will affect the operating environment of Aspocomp and its customers in the 2024 fiscal year.