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CTT Systems

CTT Systems

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CTT Systems AB (publ.) - Interim Report Second Quarter 2021

08:00 / 22 July 2021 CTT Systems Press release

                                                                              
SECOND QUARTER 2021

  • Net sales decreased by 26% to MSEK 37.5 (50.4) – currency adjusted, a decline of 16%
  • Operating profit (EBIT) increased to MSEK 6.6 (5.9), including items affecting comparability of MSEK +4.8 (0.0)
  • Operating margin (EBIT margin) increased to 18% (12)
      - Adjusted for items affecting comparability, EBIT margin amounted to 5% (12)
  • Net profit amounted to MSEK 6.1 (6.0)
  • Earnings per share were SEK 0.49 (0.48)
  • Operating cash flow increased to MSEK 7.2 (-9.8), including items affecting comparability of MSEK +9.1 (0.0)


JANUARY - JUNE 2021

  • Net sales decreased by 46% to MSEK 68.9 (127.5) – currency adjusted, a decline of 39%
  • Operating profit (EBIT) decreased to MSEK 7.3 (32.6), including items affecting comparability of MSEK +4.8 (0.0)
  • Operating margin (EBIT margin) decreased to 11% (26)
      - Adjusted for items affecting comparability, EBIT margin amounted to 4% (26)
  • Net profit amounted to MSEK 2.9 (24.2)
  • Earnings per share were SEK 0.23 (1.93)
  • Operating cash flow increased to MSEK 0.3 (-5.0), including items affecting comparability of MSEK +9.1 (0.0)


FORECAST - THIRD QUARTER 2021 – FULL YEAR 2021
The net sales forecast for the third quarter of 2021 is MSEK 35 - 40 (38.3). MSEK 140 – 160 (200.8) for the full year.

                          
                        
PRESENTATION OF THE INTERIM REPORT

  • The presentation will be webcasted at 09:30 (CET). The Interim Report will be presented by Torbjörn Johansson, CEO.
  • To participate in webcast, please dial in a few minutes before the meeting starts by using one of the following numbers:
    SE +46 8 566 427 07
    UK +44 333 300 92 61
  • The webcast can be followed via the link https://tv.streamfabriken.com/ctt-systems-q2-2021
  • The link can also be found at www.ctt.se                                                                                                                                                                                                                            

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