| NOTE Slumps in Q1 |
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| Written by Mike Buetow | |||
| Tuesday, 21 April 2009 09:51 | |||
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STOCKHOLM -- NOTE AB, a top 50 EMS company, reported March quarter sales of SEK 329.1 ($38.6 million), down 23% from a year ago. The net loss was SEK 11.1 million, down from a profit of 11.5 million. The operating loss was SEK 8.6 million, down from a profit of 13.8 million. The operating margin was -2.6%. The company burned SEK 15.3 million in cash flow after investments during the quarter.During the period, NOTE laid off 91 workers in Sweden, or 16% of its workforce.
Ed.: 1 SEK = 0.117304 USD
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| Last Updated on Tuesday, 21 April 2009 10:54 |
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Ultra thin double coated tapes are for bonding and attaching components and assemblies where high dielectric strength is required. REACH and RoHS compatible. Come in polyimide (PI) and polyester...
