Interim report
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INVISIOⓇ Interim report January - March 2021 Increased activity in the market 2021 2020 2020 SEK in millions Jan - Mar Jan - Mar A % Full year Revenue 143.7 116.8 23 532.0 Gross profit 82.7 67.2 23 309.0 Gross margin , % 57.5 57.5 58.1 EBITDA 23.5 16.8 40 108.1 EBITDA margin , % 16.3 14.4 20.3 Operating profit / loss 12.8 14.4 -11 95.4 Operating margin , % 8.9 12.3 17.9 Profit / loss for the period 6.7 9.4 -29 61.2 Earnings per share , SEK 0.15 0.21 -29 1.39 Order intake 137.3 90.3 52 535.3 Order book 191.5 124.9 53 123.2 " In the first quarter of the year we noted a slow but sure increase of the activity level in the market , particularly in the USA . The positive picture is confirmed by the order intake , especially later in the quarter . Integration with Racal Acoustics is proceeding according to plan and in line with the concept : One company with two strong brands . " IMPORTANT EVENTS DURING THE QUARTER • The acquisition of Racal Acoustics was completed . • One more American elite force chose INVISIO and submitted a first order . The order value was less than SEK 20 million but is of strategic significance . • INVISIO's management team was expanded to include James Ewing , Managing Director of Racal Acoustics . • The Board of Directors proposes a dividend of SEK 0.70 per share ( 0.85 ) . INVISIO AB | Interim Report January - March 2021 | 1 Lars Højgård Hansen , CEO