Business description: NOTE AB

Note AB (publ) is a Sweden-based company engaged in manufacturing and sale of electronic components. The Company’s operations are divided into four customer segments: Industrial, Communication, Medtech and Greentech. Industrial segment manufactures products in segments like automation, control, infrastructure, energy and construction technology. Communication segment offers technical competence. Medtech provides medical technology products in diagnostics, treatment and X-ray. The Greentech segment consists of customers active in the expansive green technology transition, offers products that make contribution to improved sustainability, such as the transition from fossil to renewable energy or optimising energy consumption.

Number of employees: 1,800

Sales by Activity: NOTE AB

Fiscal Period: December 2021 (SEK) 2022 (SEK) 2023 (SEK) 2024 (SEK) 2025 (SEK)

Western Europe

1.87B 2.56B 3.11B 3.02B 2.85B

Rest of World

883M 1.19B 1.2B 925M 1.02B

Intra-Group

-107M -65.33M -65.82M -44.25M -60.12M

Geographical breakdown of sales: NOTE AB

Fiscal Period: December 2021 (SEK) 2022 (SEK) 2023 (SEK) 2024 (SEK) 2025 (SEK)

Sweden

1.11B 1.67B 1.99B 1.74B 1.93B

England

554M 731M 853M 731M 584M

Rest of Europe

182M 374M 445M 461M 365M

Finland

185M 198M 221M 271M 280M

China

201M 213M 166M 184M 270M

Germany

113M 132M 194M 211M 208M

USA

161M 192M 252M 194M 118M

Italy

79.5M 90M 52.4M 52.3M 71.2M

Rest of The World

57.2M 90.7M 67.1M 60M 49.9M

Executive Committee: NOTE AB

Manager TitleAgeSince
Chief Executive Officer 54 2018-09-27
Director of Finance/CFO 41 2022-04-19
Sales & Marketing 45 2025-09-02
Corporate Officer/Principal 46 2021-12-31

Composition of the Board of Directors: NOTE AB

Director TitleAgeSince
Chairman 55 2018-07-30
Chairman 64 2023-04-18
Director/Board Member 50 2018-12-31
Director/Board Member 58 2023-12-31
Director/Board Member 66 2026-05-22
Director/Board Member 58 2026-05-22

Shareholders: NOTE AB

NameStocks%Valuation
19.29 %
5,506,343 19.29 % 90 M kr
6.042 %
1,725,000 6.042 % 28 M kr
Cervantes Holding
4.997 %
1,426,466 4.997 % 23 M kr
4.537 %
1,295,258 4.537 % 21 M kr
Varner Holding AS
3.544 %
1,011,770 3.544 % 16 M kr

Holdings: NOTE AB

NameStocks%Valuation
500,0001.75% 8 M $

Company details: NOTE AB

Note AB

Sveavägen 52

111 34, Stockholm

+46 8 56 89 90 00

http://www.note.eu
address NOTE AB(NOTE)

Integrated Circuits

Change 5-day change 1-year change 3-year change Capi.($)
-0.76%-1.10%-24.80%-19.46% 431M
+9.89%-5.20%+163.33%+398.60% 176B
+2.02%-11.35%+26.37%+228.40% 95.26B
+9.97%-0.21%+323.66%+1,075.96% 52.65B
+5.98%-13.91%+211.10%+646.54% 46.27B
+2.51%-16.16% - - 40.8B
+9.92%-6.20%+468.23%+323.12% 39.98B
+8.26%-7.45%+127.32%+429.70% 31.06B
+7.46%-7.55%+92.66%+356.85% 29.56B
+7.17%-7.79%+58.25%+229.43% 27.85B
Average +6.24%-9.78%+160.68%+407.68% 53.96B
Weighted average by Cap. +7.24%-8.74%+170.51%+444.20%
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
144.00SEK
Average target price
197.00SEK
Spread / Average Target
+36.81%

Quarterly revenue - Rate of surprise