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HMS Networks: Year-end report 2015, January - December


* Net sales for the full year 2015 increased by 19 % reaching SEK 702 m
(589), corresponding to a 10 % increase in local currencies. The
revaluation of the Swedish currency had a positive impact of SEK 51 m on
net sales.
* Operating profit reached SEK 102 m (98) corresponding to a 14 % (17)
operating margin.
* Order intake for the year increased to SEK 682 m (611), corresponding to a
3 % increase in local currencies.
* Cash flow from operating activities amounted to SEK 90 m (93).
* Profit after taxes totalled SEK 60 m (63) and the result per share amounted
to SEK 5.33 (5.59).
* The Board of Directors propose a dividend to the amount of SEK 2.50 (2.50).

Fourth quarter

* Net sales for the fourth quarter reached SEK 175 m (156) corresponding to
an 8 % increase in local currencies.
* Operating result reached SEK 14 m (18) corresponding to an 8 % (12) EBIT
* Order intake during the fourth quarter was SEK 157 m (162) corresponding to
a 3 % decrease.

Subsequent events

* HMS signs an agreement to acquire the Belgian company eWON SA.

Comment from the CEO

With continued growth in the last quarter, we sum up 2015 with a turnover of
702 million SEK, a growth of 19% compared to the previous year. During 2015,
we had a tailwind from the weakened Swedish krona but also in local
currencies, we had double-digit growth rates. As usual, the fourth quarter
brought high costs for HMS with a large number of marketing activities. Order
intake for the final quarter was weaker than expected.

Furthermore, the continually reduced activation of the company's development
costs had a negative effect on the results. Geographically, Germany,
Scandinavia and Japan have shown steady growth during the year, while the US
market has continued to be relatively weak.

Product-wise, all of our three product lines - Anybus, IXXAT and Netbiter -
show good growth. We also see a continued strong growth in the number of new
design wins in 2015. In total, we got 195 new design wins for our products
during the year and the total number of active design wins now amounts to
1381, an increase of 12% compared to the previous year. Out of these, 1023
are in production while 358 are expected to go into production in the coming

The fact that we received a record number of new design wins during the year,
shows that we have an attractive product offering and good prospects for
continued growth.

The exciting work of launching new products for the Industrial Internet of
Things (IIoT) was initiated in 2015. This has now resulted in the Anybus
Wireless Bolt, OPC UA communication, EtherNet/IP Linking Devices and
SG-gateways for smart energy grids.

These new products are focused on efficient data collection and data transfer
within IIoT applications. The focus on IIoT during the year meant increased
investments in sales, marketing and development.

Our efforts to improve efficiency and quality continue. This is seen in a
stable gross margin for the year and continued good quality levels. As in
previous years, we can conclude that our field returns are just below 200 ppm
(0.02%) - This is world class!

In early February 2016, HMS signed an agreement to acquire the Belgian company
eWON SA. eWON is market leading in the field of remote monitoring and remote
control, and will significantly strengthen HMS' position in this field. The
company has 58 employees and sales of approximately 140 million SEK with an
operating margin of over 20%.

The products that eWON manufacture and market are a strong complement to our
existing solution for remote management. Together, these products will become
a competitive offer, where we now have a strong position as the leading
provider of solutions for remote control and remote monitoring of industrial
applications. Particularly gratifying is that the two entrepreneurs behind
eWON have chosen to remain in the company and become major shareholders of

Our focus is to continue to drive growth with our product brands Anybus,
Netbiter, IXXAT and the newly acquired eWON. We continue to work with our
long-term growth strategy while retaining a balanced view of costs and new
resources. In the long term, we believe that the market for industrial data
communication and remote management will be an interesting growth area, and
we continue to focus on our motto "HMS - Connecting Devices".

Halmstad 5 February, 2016

Staffan Dahlström
Chief Executive Officer

Further information can be obtained from: CEO Staffan Dahlström, telephone +46
(0) 35-17 29 01 or CFO Gunnar Högberg, telephone +46 (0) 35-17 29

This information is such that HMS Networks AB (publ) is required to disclose
in accordance with the Swedish Financial Instruments Trading Act and/or the
Swedish Securities Market Act. The information was submitted for publication
at 07.50 CET on February 5, 2015.

HMS Networks AB (publ) is a world-leading supplier of communication technology
for industrial automation. Sales amounted to 702 million SEK in 2015 and 90%
of the products are exported outside Sweden. Development and manufacturing
take place at the headquarters in Halmstad, Sweden and in Ravensburg,
Germany. Local sales and support offices are situated in China, Belgium,
Switzerland, France, Germany, India, Italy, Japan, UK, and USA. HMS has more
than 370 employees and manufactures network interface cards and gateways to
interconnect different networks under the trademarks Anybus® and IXXAT® as
well as products for remote management under the trademark Netbiter®. HMS is
listed on the NASDAQ OMX in Stockholm, category Mid Cap, Information

Q4 Report 2015


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: HMS Networks AB via Globenewswire


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