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exel COMPOSITES Business Review January - September 2021 STRONG REVENUE , CLEAR DECLINE IN PROFITABILITY Q3 2021 in brief • Order intake increased by 0.2 % to EUR 24.6 million ( Q3 2020 : 24.5 ) . • Revenue increased by 28.2 % to EUR 33.4 million ( 26.0 ) . • Operating profit decreased to EUR -1.7 million ( 2.0 ) , which is -5.1 % of revenue ( 7.8 ) . Adjusted operating profit decreased to EUR 0.1 million ( 2.0 ) , which is 0.3 % of revenue ( 7.8 ) . Earnings per share amounted to EUR -0.19 ( 0.09 ) . Q1 - Q3 2021 in brief • Order intake increased by 34.3 % to EUR 110.1 million ( Q1 - Q3 2020 : 81.9 ) . • Revenue increased by 20.7 % to EUR 97.9 million ( 81.1 ) . Operating profit decreased to EUR 3.1 million ( 6.7 ) , which is 3.2 % of revenue ( 8.2 ) . EXEL COMPOSITES Business Review Q1 - Q3 2021 • Adjusted operating profit decreased to EUR 5.0 million ( 7.0 ) , which is 5.1 % of revenue ( 8.6 ) . • Earnings per share amounted to 0.10 ( 0.36 ) . Guidance for the full year 2021 Exel Composites repeats its guidance and expects revenue in 2021 to increase significantly compared to 2020 and adjusted operating profit to decrease compared to 2020. Due to the poor performance in the business unit in the United States , Exel Composites now gives further detail on the guidance and expects revenue in 2021 to amount to EUR 125-135 million and adjusted operating profit to EUR 5.8-7.0 million . President and CEO , Riku Kytömäki In the third quarter of 2021 , our revenue continued to develop strongly . At the same time , Group profitability declined substantially in comparison to the previous year . Net order intake was at a good level in the quarter and in line with the previous year , even if impacted by cancelled orders that were conditional for delivery in 2021 . 28.2 % Revenue increased in Q3 2021 to EUR 33.4 million | 1