Neways Starts 2016 on Positive Note

Reading time ( words)

NEWAYS ELECTRONICS INTERNATIONAL N.V. (Neways) recorded a slight increase in turnover and profit in the first quarter of 2016 compared to the first quarter of 2015. All sectors made a positive contribution to this growth.  Turnover came in at EUR 98.3 million, an increase of 2.6% compared with the EUR 95.8 million recorded in the same period of 2015.  

The year 2016 began positively for Neways. The adjustments to the organisation of Neways Micro Electronics (NME) and Neways Cable & Wire Solutions (NCWS) announced in December 2015 are on schedule. In the period under review, Neways also focused on the continued roll-out of the group-wide improvement programme ‘Up to the next level’, which is aimed at the continued strengthening of Neways’ position as a one-stop provider and Life Cycle Manager in the EMS market.

The strong order book we had at the start of the year continued to grow in the first quarter. The order book had increased by 7% to EUR 177.0 million at the end of March 2016 (EUR 165.4 million at end-March 2015).
There were no significant changes in Neways’ financial position in the first three months of 2016.


The structural long-term outlook in the Electronic Manufacturing Services market is generally positive for specialised companies such as Neways, which are able to differentiate themselves in terms of quality, flexibility and added value. The year 2016 began satisfactorily and Neways is also confident about the rest of the year, partly on the back of the positive developments in the order book. 

About Neways

Neways Electronics International N.V. (Neways) is an international company active in the EMS (Electronic Manufacturing Services) market. Neways offers its clients custom-made solutions for the complete product life cycle (from product development to after-sales service) of both electronic components and complete (box-built) electronic control systems. Neways operates in a niche of the EMS market and focuses primarily on small to medium-sized specialist series, in which quality, flexibility and time-to-market play a crucial role. Neways products are used in sectors such as the semi-conductor, medical, automotive, telecom and defence industries. Neways has operating companies in the Netherlands, Germany, the Czech Republic, Slovakia and China, with a total of 2,530 employees at year-end 2015. Neways recorded net turnover of € 374 million in 2015.



Suggested Items

André Bodegom on European Challenges, Automation, and Automotive

12/02/2019 | Pete Starkey, I-Connect007
Editor Pete Starkey speaks with André Bodegom, managing director for Adeon Technologies in the Netherlands, about changes he has seen over the years in major industry sectors, challenges in the European market, and other areas of growth.

Juan Arango on Koh Young’s New U.S. Headquarters

10/27/2019 | Andy Shaughnessy, I-Connect007
At a recent open house, Managing Director Juan Arango talks about his role in the company’s transition from their Arizona facility to a new headquarters located outside of Atlanta, Georgia. Juan details many of the benefits customers can expect, including brand new spaces dedicated to customer demos as well as training.

A Young Engineer’s Perspective

04/15/2019 | Barry Matties, I-Connect007
Jeffrey Diament, a recent Princeton University graduate and an engineering associate from sensor manufacturer Instrumems, talks about the company’s nanowire sensing platform that can measure velocity, temperature, and humidity. Being his first career job out of college, Diament discusses his experience on the hardware and manufacturing side of things and offers advice to other young professionals.

Copyright © 2020 I-Connect007. All rights reserved.