jsonCallbackPress({"data":[{"id":"1221273","published":"2011-12-06T14:00:00","modified":"2011-12-06T14:00:34","lang":"en","coverage":"2011","summary":"Nolato has been given the green light to keep its high-tech status for the 2011-2013 financial years, and will therefore maintain an income tax rate of 15% in China during these years. Reported tax expenses for 2011 are therefore in line with the decision.","headline":"Nolato keeps its high-tech status and current tax rate in China","body":"During the period 2008-2010, Nolato has held high-tech status in China, which has involved an income tax rate of 15%. This can be compared with the normal tax rate of 25% for companies in China.\n\nAt the end of 2010, Nolato applied for an extension of its high-tech status for the period 2011-2013. The application documents have been reviewed by the Chinese tax authority during 2011.\n\nIn 2011, Nolato has reported Group tax expenses based on a renewal of its high-tech status, i.e. based on a tax rate of 15% in China.","issuer":"nolato","time":"2011-12-06 14:00:00","language":"en","cat_id":"","files":{"name":"The release as a pdf file","filename":"201112062146-1.pdf","location":"http:\/\/investors.nolato.se\/files\/press\/nolato\/201112062146-1.pdf","mimetype":"application\/pdf","filesize":134482,"filetype":"pdf"}},{"id":"1216452","published":"2011-10-26T14:30:00","modified":"2011-10-26T14:30:27","lang":"en","coverage":"2011","summary":"","headline":"Continued good development and strong financial position","body":"In today's nine-month interim report for 2011, Nolato reports good growth for Nolato Medical and Nolato Industrial, while Nolato Telecom continues to record weak volumes.\n\n"The EBITA margin for the third quarter was 7.5%, whilst the return on capital employed was 15%. These figures are almost on a par with the long-term profitability targets of 8% and 15% respectively," notes Nolato's CEO Hans Porat.\n\nThe Group's sales amounted to SEK 718 million (887), operating income EBITA to SEK 54 million (67) and earnings per share to SEK 1.37 (1.78).\n\nNolato Medical increased its sales by 9% to SEK 220 million (202). The operating income EBITA was SEK 25 million (25).\n\n"Volumes remained good during the quarter and in line with market growth," says Hans Porat. To facilitate further expansion within Nolato Medical, we have decided to extend the production facility in Hungary by 3,500 square metres.\n\nNolato Telecom's sales halved to SEK 220 million (444), including the resale of touch screens of approx. SEK 5 million (60). Operating income was SEK 7 million (32).\n\n"Demand for the existing product portfolio within the mobile phone sector remained weak," comments Hans Porat.\n\nNolato Industrial's sales rose by 16% to SEK 279 million (241), and the operating income EBITA increased by 24% to SEK 26 million (21).\n\n"Demand has remained strong and has increased within most customer segments," says Hans Porat. As we announced previously, a small production facility has been established in Romania and production there is proceeding as planned.\n\nNolato's financial position remains strong. At the end of the third quarter, net debt was SEK 66 million (199), and the equity\/assets ratio was 52% (48). Cash flow for the nine months of 2011 amounted to SEK 123 million (75, excluding acquisitions).","issuer":"nolato","time":"2011-10-26 14:30:00","language":"en","cat_id":"","files":{"name":"The full interim report","filename":"201110262226-2.pdf","location":"http:\/\/investors.nolato.se\/files\/press\/nolato\/201110262226-2.pdf","mimetype":"application\/pdf","filesize":193222,"filetype":"pdf"}},{"id":"1215277","published":"2011-10-18T10:00:00","modified":"2011-10-18T10:00:40","lang":"en","coverage":"2011","summary":"","headline":"Nolato's Nomination Committee","body":"As resolved at Nolato's Annual General Meeting on 27 April 2011, the five largest shareholders in terms of number of votes as at the end of September 2011 have elected the following to Nolato's Nomination Committee ahead of the 2012 Annual General Meeting:\r\n\r\n- Henrik Jorlén, chairman, representing the Jorlén family\r\n- Gun Boström representing the Boström family\r\n- Erik Paulsson representing the Paulsson family\r\n- Johan Lannebo representing Lannebo Fonder\r\n- Magnus Molin representing Svolder\r\n\r\nThe Annual General Meeting will be held on 24 April 2012. Any shareholders who wish to submit proposals to the Nomination Committee can contact the chairman: henrik.jorlen@gmail.com or Henrik Jorlén, Kommendörsgatan 4, SE-269 77 Torekov, Sweden.","issuer":"nolato","time":"2011-10-18 10:00:00","language":"en","cat_id":"","files":{"name":"The release as pdf","filename":"201110172335-1.pdf","location":"http:\/\/investors.nolato.se\/files\/press\/nolato\/201110172335-1.pdf","mimetype":"application\/pdf","filesize":132912,"filetype":"pdf"}},{"id":"1208677","published":"2011-07-20T15:00:00","modified":"2011-07-20T15:00:55","lang":"en","coverage":"2011","summary":"","headline":"Positive development for both Nolato Medical and Nolato Industrial","body":"In today's interim report for the second quarter, Nolato presents a positive development for the business areas Nolato Medical and Nolato Industrial, while volumes within Nolato Telecom remain weak.\r\n\r\nThe Group's sales totalled SEK 766 million (878), operating income (EBITA) amounted to SEK 53 million (69), while earnings per share were SEK 1.33 (1.98).\r\n\r\nNolato Medical experienced good volume development and increased its turnover by 27% to SEK 235 million (185). Operating income (EBITA) rose to SEK 29 million (24).\r\n\r\n"The business has developed well in line with the growth in the market," commented Nolato's CEO Hans Porat. "A year after the acquisition of Nolato Contour in the USA, we can also see that this was successful and the company is developing as planned."\r\n\r\nNolato Telecom's sales fell by 43% to SEK 249 million (434) due to continued weak demand. Operating income (EBITA) dropped to SEK 4 million (34).\r\n\r\n"A number of new projects have been deferred or cancelled, partly because of a shortage of electronic components as a result of the natural disaster in Japan," says Hans Porat.\r\n\r\nNolato Industrial's sales increased by 9% to SEK 283 million (259) and operating income (EBITA) rose to SEK 27 million (23).\r\n\r\n"Strong demand, advanced market positions and new products, combined with a high level of capacity utilisation, drove the increase," says Hans Porat. The business area has also established a small production unit in Romania. Production has commenced and is progressing according to plan.\r\n\r\nNolato's financial position remains strong. At the end of the first six months of the year, net debt totalled SEK 111 million (43), while the equity\/assets ratio was 50% (49). Cash flow for the first six months amounted to SEK 75 million (71).","issuer":"Nolato","time":"2011-07-20 15:00:00","language":"en","cat_id":"","files":{"name":"The release as pdf","filename":"201107202077-2.pdf","location":"http:\/\/investors.nolato.se\/files\/press\/nolato\/201107202077-2.pdf","mimetype":"application\/pdf","filesize":74012,"filetype":"pdf"}},{"id":"1198250","published":"2011-04-27T17:35:51","modified":"2011-04-27T17:36:16","lang":"en","coverage":"2011","summary":"","headline":"Nolato's 2011 Annual General Meeting","body":"Nolato's Annual General Meeting was held on Wednesday.\r\n\r\nDividend:\r\nThe meeting resolved in accordance with the proposal of the Board of Directors to pay a dividend of SEK 6.00 per share, of which SEK 3.00 is an ordinary dividend and SEK 3.00 is an extra dividend. The dividend record date is Monday 2 May 2011, and the dividend will be issued by Euroclear Sweden on 5 May.\r\n\r\nThe Board:\r\nIn accordance with the Nomination Committee's proposal, the Board members Fredrik Arp, Gun Boström, Henrik Jorlén, Anna Malm Bernsten, Erik Paulsson, Hans Porat and Lars-Åke Rydh were re-elected. Fredrik Arp was re-elected as Chairman of the Board. The meeting resolved on directors' fees in accordance with the Nomination Committee's proposal.\r\n\r\nNomination Committee:\r\nThe meeting resolved that the Company should have a Nomination Committee consisting of one representative for each of the five largest shareholders in terms of number of votes as at the end of September. The names of the five shareholder representatives and the names of the shareholders whom they represent shall be made public as soon as they have been appointed, but no later than six months before the 2012 Annual General Meeting.\r\n\r\nDischarge from liability:\r\nThe meeting discharged the members of the Board and the President from liability for the 2010 financial year.\r\nThe CEO's address to the meeting will be published at www.nolato.se","issuer":"Nolato","time":"2011-04-27 17:35:51","language":"en","cat_id":"","files":{"name":"201104272431-1.pdf","filename":"201104272431-1.pdf","location":"http:\/\/investors.nolato.se\/files\/press\/nolato\/201104272431-1.pdf","mimetype":"application\/pdf","filesize":93051,"filetype":"pdf"}}]})