Sony Digital Rapids Pixel Power calrec Sony

HMS Year-end report 2016

16/02/2017

Yearly

Net sales for the full year increased with 36 % reaching SEK 952 m (702), corresponding to a 34 % increase in local currencies

Operating profit reached SEK 149 m (102), equal to a 16 % (14) operating margin

Order intake for the year increased to 966 m (682) corresponding to a 42 % increase in local currencies

Cash flow from ongoing operations reached SEK 155 m (90)

Net result after tax amounted to SEK 100 m (60) and result per share amounted to SEK 8.59 (5.33)

The Board of Directors propose a dividend to the amount of SEK 4.00 (2.50)

Fourth quarter

Net sales for the fourth quarter reached SEK 265 m (175) corresponding to a 42 % increase

Operating result reached SEK 40 m (14) corresponding to an 15 % (8) operating margin

Order intake during the fourth quarter was SEK 267 m (157)

Comment from the CEO The strong development reported for the third quarter has continued. We close the year with a new record quarter ending the year with SEK 952 m in net sales corresponding to a 36 % growth compared to last year. During the fourth quarter we had a good 12 % organic growth, positive contributions from the acquisitions made, a tail wind from a weakening Swedish currency and despite numerous market activities we have managed to increase our operating result with 174 % compared to the same period the previous year.

Geographically Central Europe with Germany at the forefront showed a continuing stable growth rate and the American market is beginning to show good growth again. The growth on the Japanese market weakened during the latter part of the year and the Nordic market did not manage to grow further compared to the strong development during the previous year.

The name of the acquired Belgium company eWON SA was changed into HMS Industrial Networks SA and the name eWON is now the brand name of our products in the area of Remote Solutions. The HMS product group Netbiter is now included as a product group under the eWON brand name. Together these products will represent a very competitive product offer and strengthen our position as the leading supplier of solutions for remote control and remote management for industrial applications.

The product areas Anybus, eWON and IXXAT are growing in line with or above expectations.

The acquired company Intesis offering communication solutions in the area of building automation developed according to the plan established for the year.

Our products sold under the design win business model shows a continuing good growth in number of new design wins during 2016. In total we achieved 203 (195) new design wins during the year ending up with total number of active design wins to 1 508 (1 381) corresponding to a 9 % increase compared to the previous year. Of these design wins 1 137 (1 023) are in production and 371 (358) are expected to go into production during the following years. The fact that we have a new record in number of design wins proves that the HMS product offer is attractive and confirms the good conditions for future growth.

Our strategic work in the area of Industrial Internet of Things (IIoT) develops well. The launch of new and upgraded products follows our plan. We are also recognizing an increasing interest from partners and customers for efficient data collection and data transfer within IIoT applications. Also in 2016 our strategic investment in IIoT resulted in increasing investments in the areas of sales, marketing and development.

Our focus remains to grow our three product brands Anybus, IXXAT and eWON. We will also develop the operations in the recently acquired Intesis. Still in the short term this company will not be fully integrated in the HMS operations. We continue balance our long-term growth strategy with a restrictive approach to expenses and new resources. In the long term, we consider the market for industrial data communication and remote monitoring to be interesting growth areas and we continue to focus on our motto Connecting devices .

HMS Networks Q4 Report 2016 (English)
LINK: http://www.hms-networks.com/press/2017/02/16/hms-year-end-report-2016...
See more stories from hms

Europe Stories

25/02/2017

â??New TDC organisation to create the best customer experiences

For the first time, TDC Group is appointing a Senior Executive Vice President with overall responsibility for customer relations. The appointment is part of ...

25/02/2017

Simpler and better â? for our customers and for TDC Group

New strategy will over the next three years ensure our customers better connections, better solutions and better customer experiences from TDC Group. Upgradi...

25/02/2017

Newtec and CETC54 Enter New Partnership -- NEWTEC ?????????????????

New agreement is an expansion of Newtec's activity in Asia and will enable further expansion into Chinese market SINT-NIKLAAS, Belgium, 14 November 2016. N...

25/02/2017

Sony launches new flagship ? A-mount camera, the ?99 II

Full-frame 4D Focus: Innovative Hybrid Phase Detection AF system with accurate 79 hybrid cross AF points[i] enabled by 79-point dedicated and 399-point focal-pl...

25/02/2017

Sony Introduces New a6500 Camera with Exceptional All-Around Performance

New Flagship APS-C Sensor Camera Combines World's Fastest AF speed[i] and Highest Number of AF points[ii] with In-camera 5-axis image stabilisation, Touchsc...

25/02/2017

Sony Introduces 100mm F2.8 STF G Master™ with Highest Ever Quality Bokeh for an a Lens

New Full-frame 85mm F1.8 Mid-telephoto prime lens and Compact Radio-Controlled F...

24/02/2017

Rupert Neve receives Special Recognition Award from MPG

Audio legend recognised by Music Producers Guild Place / Event > Award Ceremony The Music Producers Guild has honoured Mr. Rupert Neve with a Special Recognit...

24/02/2017

The Voice UK - Lucy Kane v Nadine McGhee (video)

The Voice UK - Lucy Kane v Nadine McGhee (video) Saturday 25 February at 8.30pm on ITV Watch and embed this video on your website. Simply play and click on th...

24/02/2017

The Voice UK - Mo v Diamond (video)

The Voice UK - Mo v Diamond (video) Saturday 25 February at 8.30pm on ITV Watch and embed this video on your website. Simply play and click on the embed icon ...

24/02/2017

Utah Scientific Signs CER-TEC as Manufacturers Representative

Utah Scientific Signs CER-TEC as Manufacturers Representative for New York, New Jersey, and Philadelphia SALT LAKE CITY - Feb. 23, 2017 - Utah Scientific today...

24/02/2017

SpotX continues to build demand team for Europe

New hires from Millennial Media, Yahoo! and Tremor London, 24 February, 2017 - SpotX, the video inventory management platform for media owners, is growing it...

24/02/2017

Full Year 2016 Results: a year of acceleration and building differentiated capabilities

Written on 24 Feb 2017 LUXEMBOURG, 24 February 2017 -- SES S.A. (Euronext Pari...

24/02/2017

Ericsson successfully launches Euro corporate bonds

Ericsson issuing two bonds of EUR 500m each, maturing in 2021 and 2024 Strong and widespread investor demand The bonds extend Ericssons well diversified debt...

24/02/2017

Ericsson and BT put 5G to work in real-world applications

Ericsson, BT and Kings College London partner on development of 5G projects in support of mission-critical services, commercial and consumer markets Extending ...

24/02/2017

Ericsson and WeDo Technologies partner in business assurance

Partnership to help operators maximize value of their digital transformation investments through smarter risk management and revenue stream protection New s...

24/02/2017

Ericsson and Panasonic Join Forces to Deliver Smart, Sustainable Energy Solutions for Mobile Operators, Tower Companies, Others

Ericsson and Panasonic will join forces to bring Panasonic lithium ion batteries...

24/02/2017

Ericsson, Telefónica and TELIT successfully TEST first end-to-end NB-IoT data call in Spain

Ericsson (NASDAQ:ERIC), Telef nica and TELIT have successfully tested the first ...

24/02/2017

Resolving footfall vibration issues with modern buildings - Demonstration at ASCE Structures Congress 2017

Oasys application engineer Prof. Peter Debney will be demonstrating how finite e...

24/02/2017

Newtec and CETC54 Enter New Partnership -- NEWTEC ?????????????????

New agreement is an expansion of Newtec's activity in Asia and will enable further expansion into Chinese market SINT-NIKLAAS, Belgium, 14 November 2016. N...

24/02/2017

24 Feb 2017

Take five with...Hayley Butler Posted on 24 Feb 2017 See what our Digital Project Manager, Hayley Butler, had to say in the next part of our Take five with &#...

24/02/2017

Sony launches new flagship ? A-mount camera, the ?99 II

Full-frame 4D Focus: Innovative Hybrid Phase Detection AF system with accurate 79 hybrid cross AF points[i] enabled by 79-point dedicated and 399-point focal-pl...

24/02/2017

Sony Introduces New a6500 Camera with Exceptional All-Around Performance

New Flagship APS-C Sensor Camera Combines World's Fastest AF speed[i] and Highest Number of AF points[ii] with In-camera 5-axis image stabilisation, Touchsc...

24/02/2017

Sony Introduces 100mm F2.8 STF G Master™ with Highest Ever Quality Bokeh for an a Lens

New Full-frame 85mm F1.8 Mid-telephoto prime lens and Compact Radio-Controlled F...

24/02/2017

Arqiva and Samsung to undertake first 5G Fixed Wireless Access trial in the UK…

The trial is set to take place in the second half of 2017 in central London and will involve the deployment of an end-to-end 5G FWA network, operating in the 28...

24/02/2017

â??New TDC organisation to create the best customer experiences

For the first time, TDC Group is appointing a Senior Executive Vice President with overall responsibility for customer relations. The appointment is part of ...

24/02/2017

Simpler and better â? for our customers and for TDC Group

New strategy will over the next three years ensure our customers better connections, better solutions and better customer experiences from TDC Group. Upgradi...

24/02/2017

Deutsche Telekom rolls out NarrowBand-IoT Network across Europe

Deutsche Telekom rolls out NarrowBand-IoT Network across Europe Budapest, February 23, 2017 14:30 NB-IoT rollout in eight countries: Germany, the Netherland...

23/02/2017

Bharti Airtel to take ownership of Telenor's operations in India

(Fornebu, Norway 23 February 2017) Telenor ASA has on 23 February 2017 entered into a definitive agreement with Bharti Airtel Limited (Airtel), whereby Airt...

23/02/2017

Facebook 360 audio team discuss their tech

Video@Scale sees engineers behind audio platform for 360 Video talk specifics Industry Talk To see this animation in context, visit https://code.facebook.com/...

23/02/2017

GSA and GSMA Announce Agreement to Collaborate on Spectrum for 5G Networks

London - The Global mobile Suppliers Association (GSA) and the GSMA today announced an agreement that will help pave the way for the development of 5G mobile br...

23/02/2017

Nokia trials low latency network solution with NTT Labs using Multi-Access Edge Computing

Nokia leverages Multi-Access Edge Computing platform together with NTT Labs to c...

23/02/2017

Nokia delivers 'anyhaul' end-to-end mobile transport portfolio for the 5G era #MWC17

Press Release Nokia delivers anyhaul end-to-end mobile transport portfolio for ...

23/02/2017

comScore Announces UK Launch of Video Metrix® Multi-Platform to Measure Video Audiences Across Smartphones, Tablets and Desktops

comScore Announces UK Launch of Video Metrix Multi-Platform to Measure Video Au...

23/02/2017

comScore Enhances Mobile Video Reporting for YouTube and Its Partner Channels to Bolster Cross-Platform Measurement

comScore Enhances Mobile Video Reporting for YouTube and Its Partner Channels to...

23/02/2017

Advances in comScore's vCE Campaign Measurement Service Aim to Increase

Advances in comScore's vCE Campaign Measurement Service Aim to Increase Transparency and Accountability in Digital Advertising Sophisticated Ad Fraud Preven...

23/02/2017

Ericsson puts value of 5G, IoT and digital transformation front and center at MWC 2017

More than 70 proof points and demonstrations live in Hall 2 at Mobile World Cong...

23/02/2017

Eurofins Digital Testing Signs Strategic Agreement with Nokia

Eurofins Digital Testing, a global leader in end-to-end quality assurance (QA) and testing services (formerly Testronic Labs Belgium), today announced it has si...

23/02/2017

Switzerland's SRG SSR renews long-term commitment to Eutelsat HOTBIRD position for HD channels

Paris, 23 February 2017- Eutelsat Communications (NYSE Euronext Paris: ETL) toda...

23/02/2017

Sony launches new flagship ? A-mount camera, the ?99 II

Full-frame 4D Focus: Innovative Hybrid Phase Detection AF system with accurate 79 hybrid cross AF points[i] enabled by 79-point dedicated and 399-point focal-pl...

23/02/2017

Sony Introduces New a6500 Camera with Exceptional All-Around Performance

New Flagship APS-C Sensor Camera Combines World's Fastest AF speed[i] and Highest Number of AF points[ii] with In-camera 5-axis image stabilisation, Touchsc...

23/02/2017

Sony Introduces 100mm F2.8 STF G Master™ with Highest Ever Quality Bokeh for an a Lens

New Full-frame 85mm F1.8 Mid-telephoto prime lens and Compact Radio-Controlled F...

23/02/2017

Newtec and CETC54 Enter New Partnership -- NEWTEC ?????????????????

New agreement is an expansion of Newtec's activity in Asia and will enable further expansion into Chinese market SINT-NIKLAAS, Belgium, 14 November 2016. N...

23/02/2017

Adobe Named a Leader in 2017 Gartner Magic Quadrant for Digital Marketing Hubs

SAN JOSE, Calif.--(BUSINESS WIRE)--Adobe (NASDAQ:ADBE) today announced that it was recognized by Gartner, Inc. as a leader in the 2017 Magic Quadrant for Digit...

23/02/2017

Blog – An integrated control approach to Facebook Live streaming

As we've said several times recently in published articles, television is dead, long live television. We are now living in a world where broadcasters and pl...

23/02/2017

Major Asian Mobile Operator Chooses NovelSat as Satellite Backhaul Modem Provider

Initial order for 30 NovelSat NS3000 Satellite Modems with NovelSat NS3 transmis...

23/02/2017

Ingrid Deltenre to step down as EBU Director General

Ingrid Deltenre to step down as EBU Director General...

23/02/2017

TVR completes peer-to-peer review

TVR completes peer-to-peer review...

23/02/2017

DPA HELPS MODDI INCORPORATE OLD TECHNOLOGY INTO HIS LIVE GIGS

Sound engineer Tom Meyer turned to DPA when Moddi asked him to mic up an old Philips cassette player that played a key role in two of his songs. An old Philips...