OEM: Interim report Q2 2014

Regulatory News:

OEM(STO:OEMB):

 Second quarter 2014

• Incoming orders rose 12% to SEK 466 million (416)
• Net sales rose 7% to SEK 466 million (434)
• Operating profit before amortisation of acquisition-related intangible fixed assets (EBITA) rose 16% to SEK 46 million (40), corresponding to an EBITA margin of 10% (9)
• Profit before tax rose 12% to SEK 40 million (36)
• Profit after tax rose 13% to SEK 31 million (27)
• Earnings per share were SEK 1.33 (1.17)

January – June 2014

• Incoming orders rose 13% to SEK 952 million (839)
• Net sales rose 9% to SEK 932 million (851)
• Operating profit before amortisation of acquisition-related intangible fixed assets (EBITA) rose 13% to SEK 93 million (82), corresponding to an EBITA margin of 10% (10)
• Profit before tax rose 10% to SEK 82 million (74)
• Profit after tax rose 12% to SEK 63 million (56)
• Earnings per share were SEK 2.71 (2.41)

Events after the end of the reporting period

• Acquisition av Scanding A/S in Denmark

One of Europe’s leading technology trading companies with 29 operating entities in 14 countries.

For 40 years OEM has aspired to become a creative link between customers and manufacturers of industrial components and systems. On the way the company has grown from a small family-owned business from Tranås in southern Sweden into an international technology trading company operating in 14 countries is northern Europe, Central Eastern Europe, the UK and China. OEM cooperates with over 300 leading and specialist manufacturers, and is responsible for their sales in selected markets. The product range consists of more than 25,000 items in the field of electrical components, flow components, motors and transmissions, ball bearings and seals, appliance components and lighting. The Group has over 20,000 customers, primarily within the manufacturing industry. The company possesses the requisite cutting-edge competence to help customers improve their purchasing efficiency and to select the right components. www.oem.se

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