A difficult 2021 ended with strong order intake which continued into 2022

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STOCKHOLM, February 14, 2022 /PRNewswire/ —

CEO Commentary

Market activity increased gradually at the end of 2021. A clear result of this is the five-year framework agreement we recently signed with the system integrator of a European vehicle program for the new RA4000 helmet. Magna™ The contract is expected to be of a total value of approximately 275 million Swedish crowns. The forward-looking investments we have made, including the acquisition of Racal Acoustics, have further strengthened our market leadership position. Although deliveries in early 2022 may still be affected by the pandemic, we believe in a return to more normal conditions in INVISIO’s markets during the year,” said Lars Højgård Hansen, CEO of INVISIO.

October-December 2021

  • Income: 152.2 million Swedish crowns (172.8)

  • Gross profit: SEK 85.8 million (102.2)

  • Gross margin: 56.4% (59.1)

  • EBITDA: SEK 12.6 million (45.5)

  • EBITDA margin: 8.3% (26.3)

  • Operating income : SEK 1.3 million (40.2)

  • Operating margin: 0.9% (23.3)

  • Profit/loss for the period: SEK 1.3 million (27.5)

  • Earnings per share: SEK0.03 (0.62)

  • Order intake: SEK 160.0 million (125.6)

  • Order book: 224.7 million Swedish crowns (123.2)

January-December 2021

  • Income: SEK 593.0 million (532.0)

  • Gross profit: 340.4 million Swedish crowns (309.0)

  • Gross margin: 57.4% (58.1)

  • EBITDA: SEK 69.9 million (108.1)

  • EBITDA margin: 11.8% (20.3)

  • Operating income : SEK 24.9 million (95.4)

  • Operating margin: 4.2% (17.9)

  • Profit/loss for the period: SEK 14.5 million (61.2)

  • Earnings per share: SEK0.33 (1.39)

  • Order intake: 628.1 million Swedish crowns (525.7)

  • Order book: 224.7 million Swedish crowns (123.2)

Important events of the quarter

  • INVISIO has signed a partnership agreement and received a non-binding order for 200 intercom systems from SkyRunner, manufacturer of ultra-light aircraft for professional use.

  • INVISIO has received an order for 40 intercom systems from a European NATO country.

  • Another army from a European NATO country chose INVISIO and placed a first order for almost 25 million Swedish crowns.

Important events after the quarter

  • INVISIO has signed a five-year framework agreement worth approximately 275 million Swedish crowns. The customer is a system integrator of a European vehicle program.

  • The Board of Directors is proposing a dividend of SEK0.70 per share (0.70).

For more information, please contact:

Lars Højgård Hansen, CEO, INVISIO
Mobile: +45 5372 7722 | Email: [email protected]

Thomas LarsonCFO, INVISIO
Mobile: +45 5372 7735 | Email: [email protected]

Invitation to the conference call

INVISIO will host a conference call on tuesday 15 february, at 10:00 a.m., when President and CEO Lars Højgård Hansen will present INVISIO’s year-end newsletter. The conference call will be conducted in English and will begin with a brief presentation of the report followed by a question and answer session.

Telephone number for the conference call

To join the conference call, use one of the dial-in numbers below. Please dial 5-10 minutes before the scheduled start time to facilitate a quick start.

International standard: +44 (0) 207 192 83 38

Sweden (Local number): +46 (0) 856618467, (Toll Free): +46 (0) 200125160

Denmark (Local number): +45 32720417, (Toll free): +45 80711246

UK (Local number): +44 (0) 8444819752, (Toll Free): +44 (0) 8002796619

Germany (local number): +49 (0) 6922222625, (Toll Free): +49 (0) 8007234756

France (Local number): +33 (0) 170700781, (Toll free): +33 (0) 805101465

Switzerland (Local number): +41 (0) 445807145, (Toll Free): +41(0) 800000367

Conference ID: 1129 026

Webcast:

To follow the presentation online, use the link below:

https://edge.media-server.com/mmc/p/b6o4n4wf

For more information, please contact:

Michael PetersonHead of IR & Corporate Communication, INVISIO
Mobile: +45 5372 7733 | Email: [email protected]

This information is information that INVISIO AB (publ) is required to disclose under the EU Market Abuse Regulation. The information has been released for public disclosure, through the CEO, the February 14, 20222:00 p.m. (CET).

About INVISIO AB (ad)

INVISIO develops and sells advanced communication systems with hearing protection that enable professionals in noisy and critical environments to communicate and operate effectively. The company operates under two brands, INVISIO and Racal Acoustics, combining knowledge of acoustics and human hearing with extensive engineering know-how in software, materials technology and interface. Sales are made via the head office at Copenhagen and sales offices in United States, FranceGreat Britain, Italy and Thailand, as well as through a global network of partners and resellers. INVISIO’s head office is located at Stockholm, Sweden, and the company’s stock is listed on Nasdaq Stockholm (IVSO). Learn more at www.invisio.com.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/invisio-ab/r/invisio-year-end-bulletin-2021–a-challenging-2021-ended-with-strong-order-intake-that-has-continued,c3504965

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