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Växjö, Sweden, 5 May 2022 * * * JLT Mobile Computers, a leading supplier of rugged computers for demanding environments, publishes its interim report for the period January-March 2022 today.
During the period, invoicing and order intake increased and the gross margin decreased. Invoicing amounted to MSEK 47 (29), a substantial increase of 60% compared with the same period last year. Order intake also increased and amounted to MSEK 40 (28). During the quarter, a larger proportion of highly competitive volume orders were delivered, which in combination with increased costs caused by the global component shortage, resulted in a reduction in the gross margin to 37% (43).
After several years of canceled events and limited possibilities for customer visits due to the Corona pandemic, activity in the global market is beginning to return to normal. In March, JLT participated in MODEX, one of the largest annual events in the logistics and supply chain in the USA, and will attend more trade fairs in the spring.
Summary of key figures
Order intake MSEK 39.8 (28.1)
Net sales MSEK 47.0 (29.4)
Operating profit MSEK 3.2 (2.0)
Profit after taxes MSEK 2.5 (1.7)
The full interim report is attached to this press release and available for download at the company’s website, jltmobile.com. Additional financial information is available online on JLT’s investor pages.
This information is information that JLT Mobile Computers AB (pub) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 1:00 pm CET on Thursday, May 5, 2022.
Reader Enquiries: JLT Mobile Computers Group
Per Holmberg, CEO
George Oguz, CFO
Tel.: +46 70 361 3934
Tel.: +46 73 410 7971
Eminova Fondkommission AB
Tel.: +46 08 684 211 10
Tel.: +44 20 8133 6148
About JLT Mobile Computers
Reliable performance, less hassle. JLT Mobile Computers is a leading supplier of rugged mobile computing devices and solutions for demanding environments. Over 25 years of development and manufacturing experience have enabled us to set the standard in rugged computing, combining outstanding product quality with expert service, support and solutions to ensure trouble-free business operations for customers in warehousing, transportation, manufacturing, mining, ports, and agriculture. JLT operates globally from offices in Sweden and the US, complemented by an extensive network of sales partners in local markets. The company was founded in 1994, and the share has been listed on the Nasdaq First North Growth Market stock exchange since 2002 under the symbol JLT. Eminova Fondkommission AB acts as Certified Adviser. Learn more at www.jltmobile.com.