STOCKHOLM, May 4, 2023 /PRNewswire/ --
CEO comment
"INVISIO starts 2023 strong, reporting the best quarter in the
company's history. Both order intake and revenue are at a higher
level than before. This also means stronger gross and operating
margins. The forward-looking investments, a substantial order book
and an increasingly active market mean that we predict continued
positive growth for the year."
January-March 2023
- Revenue: SEK 311.3 m (137.4)
- Gross profit: SEK 194.6 m
(82.1)
- Gross margin: 62.5 % (59.7)
- EBITDA: SEK 96.5 m (7.8)
- EBITDA margin: 31.0 % (5.7)
- Operating profit/loss: SEK 83.9 m
(-3.8)
- Operating margin: 26.9 % (-2.8)
- Profit/loss for the period: SEK 60.0
m (-4.3)
- Earnings per share: SEK 1.33
(-0.10)
- Cash flow from operating activities SEK
80.2 m (3.3)
- Order intake: SEK 315.2 m
(396.8)
- Order book: SEK 626.7 m
(481.7)
Important events in the quarter
- INVISIO was awarded a contract with a European non-NATO
country's army and received a first order. The value of the order
amounts to approximately SEK 40
million and refers to INVISIO's advanced and AI-driven
system for communication and hearing protection. Large parts of the
country's special forces are already customers.
- The company received its largest Intercom order to date. The
customer is a European NATO country and the order value is about
SEK 40 million. The customer has
previously placed several orders for the system, to a combined
value in excess of SEK 100
million.
- The Racal Acoustics brand received a breakthrough order in the
North American market for the new RA4000 Magna™ headset. The order
value is SEK 42 million.
Important events after the quarter
- There are no important events after the quarter to report.
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, May 5, 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 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
https://register.vevent.com/register/BIcfaa89f190f34ea8ac485eb42d4dbcd2
Webcast
To follow the presentation online, use the link below:
https://edge.media-server.com/mmc/p/948jn9tp
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 May 4, 2023, 11:00
(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/17798/3762986/2030578.pdf
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INVISIO Interim Report
January-March 2023
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