STOCKHOLM, Aug. 14, 2020 /PRNewswire/ --
CEO comment
"In the second quarter of 2020 INVISIO developed well and in
accordance with the adopted strategy, which means continued focus
on product and organizational development in R&D, sales and
marketing. The focus includes intensified penetration of the law
enforcement and security market. During the quarter, the company
also won several smaller orders for the Intercom system and
received initial orders for the personal system in new markets in
Asia. The impact on operations of
Covid-19 is limited to cancelled or postponed trade exhibitions and
some delay in global supply chains and administrative processes
among customers," says Lars Højgård Hansen, CEO of
INVISIO.
April - June 2020
- Revenue: SEK 123.6 m (137.2)
- Gross profit: SEK 79.9 m
(87.2)
- Gross margin: 64.6 % (63.5)
- EBITDA: SEK 26.8 m (41.4)
- Operating profit/loss: SEK 24.4 m
(38.8)
- Operating margin: 19.8 % (28.2)
- Profit/loss for the period: SEK 18.1
m (28.5)
- Earnings per share: SEK 0.41
(0.65)
January - June 2020
- Revenue: SEK 240.4 m (204.1)
- Gross profit: SEK 147.1 m
(127.9)
- Gross margin: 61.2 % (62.7)
- EBITDA: SEK 43.6 m (45.3)
- Operating profit/loss: SEK 38.8 m
(40.3)
- Operating margin: 16.2 % (19.7)
- Profit/loss for the period: SEK 27.5
m (30.0)
- Earnings per share: SEK 0.62
(0.68)
Important events in the quarter
- INVISIO is intensifying its penetration of the law enforcement
and security market.
- The company has won several smaller orders for the Intercom
system.
- INVISIO has received initial orders from new markets in
Asia, which may lead to larger
orders in the long term.
- The company is experiencing limited effects of Covid-19.
- The order book at the close of the quarter was SEK 99.9 million (90.1).
For additional information, please contact:
Lars Højgård Hansen, CEO, INVISIO
Mobile: +45-5372-7722 | E-mail: lhh@invisio.com
Thomas Larsson, CFO,
INVISIOMobile: +45-5372-7735 | E-mail:
thl@invisio.com
Invitation to conference call
INVISIO invites the media, investors and analysts to a
conference call on Friday, August 14,
at 10:00, when the President and CEO Lars Højgård Hansen will
present INVISIO's interim report for the period
January-June 2020. The conference
call will be held in English, starting with a brief presentation of
the report followed by a question-and-answer session.
Telephone numbers for the conference call
To participate in the conference call, use one of the dial-in
numbers below. Please dial in 5-10 minutes prior to the scheduled
starting time to facilitate a timely start.
Standard international: +44 (0) 207-192-83-38
Sweden: +46 (0)
8-566-184-67
Denmark: +45-327-20417
United Kingdom: +44 (0)
844-481-9752
Germany: +49 (0)
692-222-2625
France: +33 (0) 170-700-781
Switzerland: +41 (0)
445-807-145
Conference-ID: 492 6538
Webcast
To follow the presentation online, use the link below:
https://edge.media-server.com/mmc/p/4tbpgspk
This information is information that INVISIO Communications 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 August 14,
2020 08:30 (CEST).
About INVISIO Communications 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 combines insights in acoustics and human
hearing with broad engineering know-how in software, materials
technology and interface, among others. Sales are via the
headquarter in Copenhagen and the
sales offices in the USA,
France and Italy 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.
For further information, please contact
Michael Peterson
Director IR & Corporate Communication, INVISIO
Mobile: +45-5372-7733
E-post: mpn@invisio.com
This information was brought to you by Cision
http://news.cision.com
https://news.cision.com/invisio-ab/r/invisio-interim-report-january-june-2020--intensified-focus-on-the-law-enforcement-and-security-mark,c3168420
The following files are available for download:
https://mb.cision.com/Main/17798/3168420/1290827.pdf
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INVISIO AB (publ)
Interim Report January - June 2020
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