INVISIO Reports Continued Growth and Doubled Profit


 

Stockholm 23 April, 2015

 

INVISIO (IVSO) has today published its interim report for January to March 2015. The company can report continued growth and doubled profit for the first quarter of 2015.

Revenue for the quarter increased to SEK 57.2 million from SEK 44.1 million in the corresponding period the previous year. Operating profit more than doubled to SEK 14.2 million (6.5). The results for the period was SEK 13.9 million (5.1).

“Today I can announce that INVISIO started the year strong and closed a quarter with continued growth and doubled profit. We have during the quarter received an order worth SEK 14.6 million from the American military program TCAPS and after the quarter a new order worth SEK 56.7 million was received from the same program”, says Lars Højgård Hansen, CEO.

Important Events January – March

  • Received a new order from the American military program TCAPS worth SEK 14.6 million.
  • Initiated the process of listing the Company on Nasdaq Stockholm’s main list. The listing is estimated to take place during the third quarter of 2015.
  • Outgoing backlog amounted per March 31st to SEK 42.9 million.

 

For additional information about INVISIO's products, please visit www.invisio.com

For additional information, please contact:
Lars Højgård Hansen, CEO INVISIO Communications
Mobile: + 45 53 72 77 22
E-mail: 
lhh@invisio.com

About INVISIO Communications AB

INVISIO Communications AB is a public company listed on the NASDAQ OMX First North Premier Segment (ticker code: IVSO) an alternative market on NASDAQ OMX Stockholm. 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. Mangold Fondkommission AB is Certified Adviser for INVISIO Communications AB

                


Attachments

INVISIO Communications AB Interim Report January-March 2015.pdf