OEM: Financial Statement Full Year 2015

Regulatory News:

OEM (STO:OEMB)

Fourth quarter 2015

· Incoming orders rose 13% to SEK 577 million (512)

· Net sales rose 15% to SEK 581 million (507)

· Operating profit (EBITA) rose 27% to SEK 64 million (50)

· Profit before tax rose 27% to SEK 58 million (46)

· Profit after tax rose 26% to SEK 45 million (36)

· Earnings per share were SEK 1.96 (1.56)

January – December 2015

· Incoming orders rose 16% to SEK 2,226 million (1,916)

· Net sales rose 18% to SEK 2,232 million (1,887)

· Operating profit (EBITA) rose 26% to SEK 246 million (196)

· Profit before tax rose 26% to SEK 221 million (176)

· Profit after tax rose 27% to SEK 173 million (137)

· Earnings per share were SEK 7.50 (5.92)

· The Board proposes a dividend of SEK 5.00 per share (4.25)

One of Europe's leading technology trading companies with 33 operating entities in 14 countries

For 40 years, OEM's idea has been to serve as a link that creates value between customers and manufacturers of industrial components and systems. Over the years, the company has grown from a small, family-owned business in Tranås in southern Sweden into an international technology trading group operating in 14 countries in northern Europe, Central Eastern Europe, the UK and China. OEM has partnerships with more than 300 leading and specialist manufacturers and is responsible for their sales in selected markets. Its range comprises more than 50,000 products in the areas of electrical components, flow components, motors and transmissions, ball bearings and seals, appliance components and lighting. The Group has a customer base of more than 25,000 businesses, primarily in the manufacturing sector. The company's high level of expertise enables it to help customers increase purchasing efficiency and choose the right components.

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