4th quarter
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Web sales for the 4th quarter got to SEK 764 m (571 ), representing a rise of 34%. Money translations had a favorable result of SEK 65 m on web sales
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Order consumption was SEK 718 m (699 ), representing a rise of 3%
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Operating revenue got to SEK 192 m (109 ), equivalent to a 25.1% (19.2) running margin
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Revenue after tax obligations amounted to SEK 151 m (86) and also profits per share was SEK 3.25 (1.85 )
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Capital from running tasks totaled up to SEK 177 m (104 )
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Procurement of all shares in the British business Control Specialists Ltd.
Annual
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Web sales for the year got to SEK 2,506 m (1,972), representing a 27% rise. Money translations had a favorable result of SEK 158 m on web sales
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Order consumption was SEK 3,064 m (2,538), representing a rise of 21%
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Operating revenue got to SEK 653 m (446 ), equivalent to a 26.0% (22.6) running margin. Readjusted operating revenue got to SEK 626 m, equivalent to a 25.0% changed running margin
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Revenue after tax obligations amounted to SEK 508 m (362) and also profits per share was SEK 10.89 (7.61 ). Readjusted revenue after tax obligations amounted to SEK 481 m and also modified profits per share was SEK 10.31
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Capital from running tasks totaled up to SEK 431 m (508 )
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Procurement of the staying 30% of the shares in Procentec B.V.
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Procurement of all shares in the Australian business Worldwide M2M Pty Ltd.
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The Board of Supervisors suggest a returns for SEK 4.00 (3.00) per share
Succeeding occasions
CHIEF EXECUTIVE OFFICER remarks
A solid coating to the document year 2022
We complete the year with yet an additional solid quarter where we supply a brand-new turn over document and also proceeded steady order consumption.
Order consumption totaled up to SEK 718 million (699 ). We remain to see some clients that put huge orders previously therefore of lengthy shipment times in the marketplace and also proceeded unpredictability concerning the supply of semiconductors. In the quarter, we approximate that these orders total up to roughly SEK 85 million.
Turn over totaled up to a document degree of SEK 764 million (571 ), representing a natural development of 22%. We can end that throughout the quarter, we handled to manage the part supply concerns far better than anticipated, and also we see a progressive enhancement in our capability to supply.
In Europe, both order consumption and also turn over stay solid, while we are starting to see indications of a stagnation in order consumption in The United States and Canada. In Asia, we remain to see order development contrasted to the previous year, although at a reduced degree than earlier in 2022.
For the complete year 2022, we get to an order consumption of SEK 3,064 million (2,538). A component of this includes very early orders from clients that intend to safeguard future distributions in an unclear market. This year’s turn over total up to SEK 2,506 million (1,972), representing a natural rise of 17%, which we are really completely satisfied with.
Throughout the 4th quarter, we see an ongoing great gross margin of 63.6% (60.8 ), the exact same degree as we had in the previous quarter. Our cost rises in 2022 mean that we make up for the boost we have actually seen on parts throughout the quarter. Although we still make acquisitions instantly market at a dramatically greater price, we see that the demand for these acquisitions lowers every quarter. Our operating expense enhanced naturally by 14%, which is mostly discussed by a basic price rising cost of living, financial investments in our sales and also advertising and marketing company and also enhanced IT sustain in our procedures. Overall, we finish the year with an operating outcome on document degrees for the 4th quarter– SEK 192 million (109 ), representing an operating margin of 25%. Likewise for the complete year, we see a brand-new document with a modified operating revenue of SEK 626 million (446 ).
After a number of quarters with weak capital, we currently see a renovation as our capital totals up to SEK 177 million (103 ). With a consecutive turn over development of over 20%, our functioning resources is likewise boosting. Our web financial obligation remains to reduce and also is currently to SEK 300 million, which implies that we have a solid annual report that brings great chances for the future.
Consistent inflow of brand-new Design-Wins
The ongoing part lack and also shipment troubles in the electronic devices sector throughout 2022 have actually compelled much of our clients to customize their existing items in order to supply, therefore lowering their concentrate on brand-new growth in the short-term. Despite the fact that, for those of our items that are offered according to our Design-Win company version (roughly 44% of HMS’s turn over) we can still see an ongoing steady inflow of brand-new clients in 2022. In total amount, we obtained 146 (174) brand-new Design-Wins throughout the year, and also the complete variety of energetic Design-Wins currently totals up to 1,843 (1,790). Of these, 1,493 (1,447) remain in manufacturing, while 280 (343) are anticipated to enter into manufacturing in the coming years.
Acquisitions and also critical partnerships
Throughout the quarter, HMS obtained all shares in Control Specialists Ltd., a tiny British business with 3 staff members and also a yearly turn over of 0.5 MGBP. The business has a long-lasting cooperation with the Procentec company in technological accreditations and also training. We see a chance to establish our consumer relationships in UK by likewise supplying these solutions for our clients within commercial networks.
After completion of the year, an added 20% of the shares in Owasys were obtained. HMS currently possesses 80% and also the various other 20% is possessed by 4 business owners, all energetic in the business.
Leads
We finish the year with an order publication of SEK 1.4 billion, which implies that we are well furnished for 2023. We anticipate to progressively minimize our huge order publication in the coming quarters as our clients’ pre-purchasing beginning to stabilize as a result of enhanced part schedule and also much shorter preparations. At what speed this will certainly occur and also to what level, is tough to claim, yet we see that most of our clients are still prepared to maintain huge supplies to guarantee their capability to supply.
Consumers’ readiness to purchase digitalization, performance and also sustainability is high and also the underlying need is still taken into consideration to be great, also if there is some issue connected to exactly how the sector will certainly be impacted by weak customer buying power, boosting power expenses and also the macro political unpredictability.
We remain to collaborate with a concentrate on long-lasting development based upon a well balanced sight of our expenses. In the long-term, we think about the marketplace for Industrial ICT (Details & & Interaction Innovation) to be a fascinating location, both in regards to natural development and also procurements.
Halmstad January 26, 2023
Staffan Dahlström
President
Additional info can be acquired from:
Staffan Dahlström, CHIEF EXECUTIVE OFFICER, +46 (0) 35 17 2901
Joakim Nideborn, CFO, +46 (0) 35 710 6983
This info is such that HMS Networks abdominal muscle (publ) is required to reveal according to the EU Market Misuse Guideline and also the Stocks Markets Act. The info was sent for magazine, with the call individuals laid out over, at 07.30 CET on January 26, 2023.
HMS Networks abdominal muscle (publ) is a market-leading supplier of services in commercial info and also interaction modern technology (Commercial ICT). HMS establishes and also makes items under the Anybus ®, Ixxat ®, Ewon ® and also Intesis ® brand names. Advancement occurs at the headquarter in Halmstad as well as likewise in Ravensburg, Nivelles, Igualada, Wetzlar, Buchen, Delft, Sibiu, Rotterdam and also Bilbao. Neighborhood sales and also assistance are managed by branch workplaces in Germany, United States, Japan, China, Singapore, Italy, France, Spain, the Netherlands, India, UK, Sweden, South Korea, Australia and also UAE, along with with a globally network of suppliers and also companions. HMS utilizes over 780 individuals and also reported sales of SEK 2,506 million in 2022. HMS is noted on the NASDAQ OMX in Stockholm in the Huge Cap section and also Telecom market.
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