Circuits Assembly Online Magazine - FlexLink Reports Q3 Orders Up 16% YoY

GOTEBORG, SWEDEN – Production logistics supplier FlexLink reported third-quarter sales were $54 million for the quarter, up 9% compared to the same period in 2007, while earnings were $5 million, with an EBITA margin of 9%.

Orders for the quarter rose 16% year-over-year to $51 million. Orders for the first nine months were $179 million, up 24% year-over-year, the firm’s highest ever for comparable periods.

Sales for the first nine months were $159 million, up 14% compared to last year, and earnings were $14 million, with an EBITA margin of 9%.