Interim report
Page 1
CTT : SYSTEMS Net sales MSEK 40 EBIT margin 29 % CTT IN BRIEF ( MSEK ) THIRD QUARTER 2021 ² ) Net sales increased by 5 % to MSEK 40.2 ( 38.3 ) - Currency adjusted , a growth of 10 % Operating profit ( EBIT ) increased to MSEK 11.5 ( 6.4 ) Operating margin ( EBIT margin ) increased to 29 % ( 17 ) Net profit amounted to MSEK 7.0 ( 5.0 ) Earnings per share were SEK 0.56 ( 0.40 ) Operating cash flow increased to MSEK 9.6 ( -4.7 ) ● JANUARY - SEPTEMBER 2021 ² ) Net sales decreased by 34 % to MSEK 109.1 ( 165.9 ) Currency adjusted , a decline of 27 % Operating profit ( EBIT ) decreased to MSEK 18.8 ( 39.0 ) - Including items affecting comparability of MSEK +4.8 ( 0.0 ) Operating margin ( EBIT margin ) decreased to 17 % ( 23 ) - Adjusted for items affecting comparability , declining to 13 % ( 23 ) Net profit amounted to MSEK 9.9 ( 29.2 ) Earnings per share were SEK 0.79 ( 2.33 ) Operating cash flow increased to MSEK 9.9 ( -9.7 ) - Including items affecting comparability of MSEK +9.1 ( 0.0 ) ● ● ● FORECAST - FOURTH QUARTER 2021 - FULL YEAR 2021 ² ) The net sales forecast for the fourth quarter of 2021 is MSEK 40-45 ( 34.9 ) , and MSEK 149 – 154 ( 200.8 ) for the full year . Interim Report Third Quarter 2021 ¹ ) Net sales Operating profit ( EBIT ) Profit ( loss ) this period Earnings per share ( SEK ) Operating cash flow 2021 Jul - Sep 40.2 11.5 7.0 0.56 9.6 Change from previous year 5 % 80 % 39 % 40 % 304 % 2020 Jul - Sep 38.3 6.4 5.0 0.40 -4.7 2021 Jan - Sep 109.1 18.8 9.9 0.79 9.9 2020 Jan - Sep 165.9 39.0 29.2 2.33 -9.7 2020 Rolling Jan - Dec 12 months 200.8 38.4 31.1 2.48 -10.8 CTT - WORLD LEADER IN ACTIVE HUMIDITY CONTROL IN AIRCRAFT CTT is a market - leading manufacturer of equipment for active control of humidity in aircraft . CTT's dehumidifier and humidifier products minimize fuselage condensation issues and increase cabin air humidity . CTT is a supplier to Boeing and Airbus and has many of the world's largest airlines as its customers . CTT has been traded on Nasdaq Stockholm since March 1999 , currently on the Mid Cap list and has its registered offices in Nyköping . 1 ) This Interim report is a translation of the original report published in Swedish . In the event of any deviations between the two reports , the Swedish version prevails . 144.1 18.2 11.7 0.9 8.8 2 ) Unless otherwise stated , outcome comparisons with a previous period in this interim report refer to the corresponding period of the preceding year , and the value is given in brackets . CTT Systems AB ( publ . ) company reg . no . 556430-7741