Slide 1: Strong order intake and sales - Investor Conference Call
Strong order intake and sales Protection at Investor Conference Call work, October 24, 2024 CEO Lars Højgård Hansen a better life at home 1
Slide 2: One of the strongest quarters in INVISIO's history
One of the strongest quarters in INVISIO's history • Strong demand across our product portfolio and in our main geographical markets. Key figures Q3, 2024 • Order intake exceeded SEK 500 million for the first time in a quarter, excluding the exceptional third- SEK 503 m SEK 867 m party radio order r
Slide 3: Order intake exceeds SEK 500 million
Order intake exceeds SEK 500 million • Demand continues to be strong across our product portfolio and in both our main geo- graphical markets, North America and Europe. SEK million SEK million • Continued success for the Racal Acoustics brand, 800 2,000 particularly in the US. 700 1,800 • Record str
Slide 4: High capacity for volume orders
High capacity for volume orders SEK million SEK million • The order book at the end of the period had a total value of SEK 866.7 million (717.5). 1200 800 • Approximately 80 percent of the order book 1000 700 will be delivered within 12 months. 600 • The high inventory of standard products, with 800
Slide 5: Strong revenue
Strong revenue SEK million SEK million • Revenue at SEK 351.7 million (311.6) was the 600 1,800 highest ever for a third quarter, despite a somewhat slower pace of deliveries due to 1,600 the summer vacation period. 500 1,400 • Revenue YTD amounted to SEK 1,039.5 million (892.8), excluding the radio
Slide 6: Healthy gross margin
Healthy gross margin % 70 • Gross profit was SEK 202.8 million (190.9) and the gross margin was 57.7 percent (61.3) 65 during the quarter. • Deliveries of radio systems supplied by third 60 parties totaled less than SEK 10 million during the quarter but did impact the margin 55 somewhat. 50 SEK mill
Slide 7: Stable underlying trend for OPEX during the last 5 quarters
Stable underlying trend for OPEX during the last 5 quarters • Operating expenses (OPEX) in Q3 remained broadly in line with the previous four quarters, SEK million SEK million not including the one-off costs taken in Q2. 150 700 • OPEX were SEK 145.5 million (139.7). • The increase related primarily
Slide 8: EBIT margin above target for the last seven quarters
EBIT margin above target for the last seven quarters % 40 • The operating margin (EBIT) was 16.3 35 percent (16.4). 30 • The operating margin YTD was 17.1% (20.2). 25 20 15 10 5 SEK million Q3 2024 Q3 2023 Difference FY 2023 (units) 0 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 EB
Slide 9: Cash flow impacted by Q2 sales revenue received in Q3
Cash flow impacted by Q2 sales revenue received in Q3 SEK million SEK million • Cash flow for the quarter was SEK 132.1 200 250 million (–15.6). 200 • Cash flow from operating activities 150 totaling SEK 152.6 million (1.8). 150 100 • The change was mainly attributable to 100 strong sales performanc
Slide 10: Strong interest at major US trade show
Strong interest at major US trade show INVISIO attended AUSA in Washington DC, one of the largest industry events of the year, attracting 45,000 visitors and 750 exhibitors from over 100 countries. INVISIO showcased a range of products, including the new X7 in-ear headset. The X7, with its cutting-e
Slide 11: SEK 170 million RA Order reinforces our position as DoD's high-noise headset
SEK 170 million RA Order reinforces our position as DoD’s high-noise headset Till större order under kvartalet hör den provider beställning på kommunikationssystem med hörselskydd värd cirka 170 MSEK som mottogs i INVISIO secured a SEK 170 million order from the US augusti. Beställningen, som gjorde
Slide 12: Positive future outlook
Positive future outlook • We expect market activity to remain strong for many years to come. • The broader market trends are in our favor, with a significant need for modernization of current communication solutions across all our markets. • An anticipated increase in military spending will further
Slide 13: Q&A
Q&A INVISIO°
Slide 14: Appendix
Appendix INVISIO°
Slide 15: Condensed consolidated income statement and comprehensive income
Condensed consolidated income Data per share statement and consolidated statement of comprehensive income Full Full Q3 Jan-Sep year Q3 Jan-Sep year SEK million Note 2024 20232024 2023-2023 Note 2024 20232024 2023-2023 Revenue 2 3517312126 = 8928 1,238.5 Earnings per share for the period, SEK 085 0.8
Slide 16: Condensed consolidated statement of financial position
Condensed consolidated statement of financial position Sept30, Sept 30, Dect, Sept30, Sept 30, Dec 31, SEK million Note 2024 2023 2023 SEK million Note 2024 2028 2023 ASSETS SHAREHOLDERS’ EQUITY AND LIABILITIES Non-current assets Shareholders’ equity 845.8 696.3 720.4 oat ot ou) 58.0 Non-current lia
Slide 17: Condensed consolidated statement of cash flows
Condensed consolidated statement of cash flows Full Full Q3 Jan-Sep year Q3 Jan-Sep year ‘SEK million Note 2024 2023 2024 2023 2023 ‘SEK mililon. Note 2024 2023 2024 2023 2023 Operating activities a Financing activities Profit before tax 507 646 = 2057758 : ; Naw issue through exercising Adjustments