Strong Start for Semcon in 2000.Business Editors and High Tech Writers Semcon's Q1 report for 2000 was announced on May 4. As complementary information, the following is a presentation of the different factors that have contributed to the healthy profits that are 14 percent higher compared to the same period in 1999.
Business area Sales Operating Operating margin
(SEK m) profit/loss %
(SEK m)
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31 Mar 31 Mar 31 Mar 31 Mar 31 mar 31 Mar
2000 1999 2000 1999 2000 1999
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Semcon Technology 13.0 5.3 2.8 1.0 21.6 19.4
Management
Semcon e-Design 102.0 74.0 15.7 8.6 15.3 11.6
Semcon Industrial 108.4 91.0 13.2 10.6 12.2 11.7
Design
Semcon Competence 19.4 33.2 -6.4 2.0 -32.7 6.0
Development
TOTAL 242.8 203.5 25.3 22.2 10.4 10.9
Semcon concentrated in 1999 on strategic work for the future at all levels of its organization. The aim is to offer a short cut to success by integrating competence Competence Sufficient ability or fitness for one's needs. The necessary abilities to be qualified to achieve a certain goal or complete a project. and holistic Holistic A practice of medicine that focuses on the whole patient, and addresses the social, emotional, and spiritual needs of a patient as well as their physical treatment. Mentioned in: Aromatherapy, Stress Reduction, Traditional Chinese Medicine solutions, from requirements analysis (project) requirements analysis - The process of reviewing a business's processes to determine the business needs and functional requirements that a system must meet. and design to the finished product or solution. This gathering of forces has strongly contributed to the period's healthy profits, together with a number of large and important business deals (see separate document for the period's key events). During Q1 2000 Semcon focused intensively on a number of prioritized industries and key areas, and has made breakthroughs of great importance for continued healthy growth and profitability during the year. Semcon Technology Management have been very successful in a number of strategy focused projects which has generated total solutions for all of the Group's business areas. A number of strategic agreements have been signed during the period. These strengthen Semcon's efforts within the automotive, telecoms and medical technical industries Industry Focus has Made Breakthroughs "The Q1 report shows that our industry focus has already made a significant breakthrough," says Hans Johansson Hans Elis Johansson ("Hasse") is a former bandy player from Sweden. Originating in Edsbyn, he has represented Edsbyns IF, Västerås SK and Jenisej and holds numerous records. He has won four world championships equally many Swedish championships. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. at Semcon. This is most apparent in the large number of business deals carried out with leading companies within industries such as automotive, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , pharmaceuticals and medical technology. A holistic view of the business is increasingly required. Many departments, competencies and disciplines must be coordinated to achieve fast and profitable results. Semcon has managed to secure a leading position by combining strategic competence with extensive technical ability. "We now have a breadth Breadth The percentage of assets or stocks advancing relative to those unchanged or declining. Also the number of independent forecasts available per year. A stock picker forecasting returns to 100 stocks every quarter exhibits a breadth of 400, assuming each forecast is that matches our customers' clear wish to have a few large consultancy partners that can take an overall grip of the development process," Hans Johansson explains. Competence Villages Built to Match the Needs of the Customer "We see our job as a partner and have therefore created a concept we call Competence Villages. This entails creative team work in a network governed gov·ern v. gov·erned, gov·ern·ing, gov·erns v.tr. 1. To make and administer the public policy and affairs of; exercise sovereign authority in. 2. from the outside by the needs of the customer," continues Hans Johansson. These virtual organizations also open completely new forms of cooperation for Semcon's employees with specialist competencies. Competence Villages are already established within Bluetooth A wireless personal area network (WPAN) standard for short-range transmission of digital voice and data. Bluetooth is widely used for hands-free cellphone operation, including wireless headsets and connecting to Bluetooth-enabled automobiles that turn the car's audio system into a , Lab View and Embeded Systems and we are currently working on a number of projects for the telecom industry. -------------------------- Please visit http://www.bit.se for further information. The following files are available for download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. : http://www.bit.se/bitonline/2000/05/05/20000505BIT00360/bit0001.doc http://www.bit.se/bitonline/2000/05/05/20000505BIT00360/bit0002.pdf |
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