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April 26, 2015 8:50 PM ET

Communications Equipment

Company Overview of Nolato Telecom

Company Overview

Nolato Telecom engages in the development and manufacture of polymer systems products for mobile telephones and network products in the telecom industry. It offers various products, such as display window, dust seal and tape, front cover, button assembly and light key pad, shield can, mic gasket, battery, system contact, battery release button, back cover, volume key, antenna, tape, and speaker cloth and loud speaker gasket in China, Malaysia, Japan, Estonia, and Sweden. The company is based in Sweden. Nolato Telecom operates as a subsidiary of Nolato AB.



Key Executives for Nolato Telecom

Age: 49
Chief Executive Officer of Nolato AB, President of Nolato AB and Director of Nolato AB
Age: 59
Director of Marketing & Sales and Member of Executive Committee
Age: 66
Compensation as of Fiscal Year 2014.

Nolato Telecom Key Developments

Nolato Telecom Announces Audited Earnings Results for the Year Ended December 31, 2014

Nolato Telecom announced audited earnings results for the year ended December 31, 2014. For the year, the company reported net sales of SEK 1,799 million against SEK 2,079 million a year ago. Operating profit EBITA was SEK 199 million against SEK 166 million a year ago. Operating profit was SEK 199 million against SEK 166 million a year ago. Cash flow from operations was SEK 182 million against SEK 246 million a year ago.

Nolato Telecom Reports Earnings Results for the Fourth Quarter and Full Year 2014

Nolato Telecom reported earnings results for the fourth quarter and full year 2014. For the quarter, sales were SEK 633 million compared to SEK 395 million a year ago; adjusted for currency, sales increased 45%. EBITA rose to SEK 98 million compared to SEK 31 million a year ago. For the year, sales were SEK 1,799 million compared to SEK 2,079 million a year ago. EBITA was SEK 199 million compared to SEK 166 million a year ago. EBIT was SEK 199 million compared to SEK 166 million a year ago.

Nolato Telecom Provides Earnings Guidance for the Fourth Quarter of 2014

Nolato Telecom provided earnings guidance for the fourth quarter of 2014. For the quarter, the company expects sales are estimated to amount to approximately SEK 600 million for the quarter, with operating profit of around SEK 100 million. The positive performance is due to the success of a number of customers' handsets on the consumer market, as well as continued positive development of Nola- to's electromagnetic compatibility (EMC) business. The company is set to report unusually high sales and very strong operating profit for the fourth quarter. Operating margin is estimated to be just over 15% for the fourth quarter.

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