High Growth during Second Quarter and Strong First Half Year

13 August 2015 · Regulatory · Press Release · Report
Stockholm, 13 August 2015


Stockholm, 13 August 2015

INVISIO (IVSO) has today published its interim report for the period April to June 2015. INVISIO reports high growth and a tripled operating result for the second quarter 2015.

Revenue during the quarter was up by 45 percent to SEK 68.2 million, from SEK 46.9 million the same period previous year. Operating profit increased to SEK 16.2 million (4.9). Net result was SEK 13.5 million (4.2)

”I am happy to announce yet another quarter with high growth and an overall very good first half year for INVISIO. During the quarter we received an order from the US military program TCAPS worth SEK 56.7 million. After the period Rheinmetall Canada has been awarded the Canadian program Integrated Soldier Systems (ISS) which includes an INVISIO communications and hearing protection system”, says CEO Lars Højgård Hansen.

Important events April-June

  • Listed at Nasdaq Stockholm’s Main list.
  • Received two orders worth SEK 7.8 million from two NATO-countries.
  • Received order from NATO-country worth SEK 7.4 million.
  • Received order worth SEK 9.3 million from US Army.
  • Received order worth SEK 56.7 million from US military program TCAPS.
  • Outgoing backlog amounted per June 30th to SEK 67.1 million.

Important Events after the period

  • Canadian ISS-program awarded to Rheinmetall Canada in partnership with INVISIO
  • UK THPS contract is awarded to INVISIO through its partner Marlborough
    Communications and large order is expected.  

 

INVISIO Communications AB (publ) discloses the information provided herein pursuant to the Securities Market
Act and/or the Financial Instruments Trading Act. The information was submitted for publication on August 13,
2015.

For further information, please contact:

Lars Højgård Hansen, CEO, INVISIO Communications
+ 45 5372 7722
e-mail:
lhh@invisio.com

About INVISIO Communications AB
INVISIO Communications AB is a public company listed on the NASDAQ Stockholm Exchange (ticker code: IVSO). INVISIO specializes in voice communications in difficult conditions. The company develops, manufactures, markets and sells communication solutions such as advanced headsets control units and accessories for use with two-way radio, primarily for professional users who often work in difficult environments. The customers are for example found in the military and military Special Forces, police and SWAT teams, emergency services, the security sector, and various industries throughout the world. Additional information is available on the company’s web site at www.invisio.com.

 

 

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Michael Peterson

Michael Peterson

Director Investor Relations & Corporate Communications
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