CTT Systems AB

04/30/2021 | Press release | Distributed by Public on 04/30/2021 00:35

CTT Systems AB (publ.) – Interim Report First Quarter 2021

FIRST QUARTER 2021

  • Net sales decreased by 59% to SEK 31.4 million (77.2) - currency adjusted, a reduction of 54%
  • Operating profit (EBIT) decreased to SEK 0.6 million (26.7)
  • Operating margin (EBIT margin) amounted to 2% (35)
  • Net profit (loss) this period amounted to SEK -3.2 million (18.2)
  • Earnings per share amounted to SEK -0.26 (1.45)
  • Operating cash flow decreased to SEK -6.9 million (4.8)


FORECAST - SECOND QUARTER 2021

  • The net sales forecast for the second quarter of 2021 is SEK 35 - 40 million (50.4).

PRESENTATION OF THE INTERIM REPORT

  • The presentation will be webcasted at 09:30 (CEST). 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 06
    UK +44 333 300 92 73
  • The webcast can be followed via the link https://tv.streamfabriken.com/ctt-systems-q1-2021. The link can also be found at www.ctt.se