STOCKHOLM, Oct. 27,
2022 /PRNewswire/ --
CEO comment:
"Third quarter performance was strong. The order intake
increased more than 75 per cent compared with the corresponding
quarter in the previous year. The rolling twelve months order
intake (RTM) for the first time exceeded one billion kronor,
resulting in a record-high order book. Sales grew by more than 35
per cent despite delivery capacity being impeded by component
delays. However, the situation is gradually improving. As
a result of the order book level and the current market
situation, in our opinion sales will be strong in the year's last
quarter and into the beginning of 2023. It's now time to start
harvesting of our recent years' investments in the product
portfolio and sales organization."
July-September 2022
- Revenue: SEK 195.1 m (142.7)
- Gross profit: SEK 113.3 m
(82.4)
- Gross margin: 58.1 % (57.7)
- EBITDA: SEK 29.3 m (8.3)
- EBITDA margin: 15.0 % (5.8)
- Operating profit/loss: SEK 17.5 m
(-3.4)
- Operating margin: 9.0 % (-2.4)
- Profit/loss for the period: SEK 13.5
m (-2.8)
- Earnings per share: SEK 0.30
(-0.06)
- Cash flow from operating activities SEK
4.1 m (8.5)
- Order intake: SEK 291 m
(164.9)
- Order book: SEK 615.5 m
(210.4)
January-September 2022
- Revenue: SEK 486.2 m (440.8)
- Gross profit: SEK 283.7 m
(254.6)
- Gross margin: 58.4 % (57.8)
- EBITDA: SEK 40.5 m (57.4)
- EBITDA margin: 8.3 % (13.0)
- Operating profit/loss: SEK 5.4 m
(23.6)
- Operating margin: 1.1 % (5.3)
- Profit/loss for the period: SEK 1.8
m (13.2)
- Earnings per share: SEK 0.04
(0.30)
- Cash flow from operating activities SEK
15.6 m (67.9)
- Order intake: SEK 845.2 m
(466.1)
- Order book: SEK 615.5 m
(210.4)
Important events in the quarter
- INVISIO received orders worth SEK 58
million from a European NATO country for INVISIO
systems.
- The company received an order worth SEK
40 million for INVISIO systems from an existing customer in
the US DoD.
- INVISIO received two volume orders for the Intercom system,
with a total value of SEK 27 million,
from a European NATO country.
- The company entered into a two-year framework agreement with
the Danish police, with the option of a one plus one-year
extension.
Important events after the quarter
- Board member Lage Jonason
resigns from the board at his own request due to personal
reasons.
For additional information, please contact:
Lars Højgård Hansen, CEO, INVISIO
Mobile: +45 5372 7722 | E-mail: lhh@invisio.com
Thomas Larsson, CFO, INVISIO
Mobile: +45 5372 7735 | E-mail: thl@invisio.com
Invitation to conference call
INVISIO will host a conference call on Friday, October 28, at 10:00, when CEO Lars
Højgård Hansen will present INVISIO's report. The conference call
will be held in English, starting with a brief presentation of the
report followed by a question-and-answer session.
Registration
To participate in the conference call you must pre-register.
After registration you will receive a telephone number and PIN
code. You can also use the "call me function".
Please register 5–10 minutes prior to the scheduled starting
time to facilitate a timely start to the conference call.
Registration link
https://register.vevent.com/register/BI117a2d3a53d94310be8c7495b78d57b4
Webcast
To follow the presentation online, use the link below:
https://edge.media-server.com/mmc/p/enz23w5g
For further information, please contact:
Michael Peterson, Director IR
& Corporate Communication, INVISIO
Mobile: +45 5372 7733 | E-mail: mpn@invisio.com
This information is information that INVISIO AB (publ) is
obliged to disclose pursuant to the EU Market Abuse Regulation. The
information was released for public disclosure, through the agency
of the CEO, on October 27, 2022,
14:00 (CEST).
About INVISIO AB (publ)
INVISIO develops and sells advanced communication systems with
hearing protection that enable professionals in noisy and mission
critical environments to communicate and operate effectively. The
company operates under two brands, INVISIO and Racal Acoustics,
combining insights in acoustics and human hearing with broad
engineering know-how in software, materials technology and
interface. Sales are via the headquarters in Copenhagen and sales offices in the
USA, France, the UK, Italy and Thailand, as well as via a global network of
partners and resellers. INVISIO's registered office is in
Stockholm, Sweden, and the
company's share is listed on Nasdaq Stockholm (IVSO). Read more at
www.invisio.com.
The following files are available for download:
https://mb.cision.com/Main/17798/3654747/1643440.pdf
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INVISIO Interim Report
January - September 2022
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