INVISIO Interim Report January-June 2020

Intensified focus on the law enforcement and security market

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: [phone]  |  E-mail: [e-mail]

Thomas Larsson, CFO, INVISIOMobile: [phone]  |  E-mail: [e-mail]

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.