Feb 07, 2023 / 08:30AM GMT
Henrik Höjer - CTT Systems AB - CEO
Good morning, everyone. And welcome to CTT's earnings call fourth quarter '22. I am Henrik Höjer, CEO of CTT. And I'm here together with our CFO, Markus Berg. And we will present the result of the fourth quarter.
Business highlights for the fourth quarter was that the aftermarket stayed on a very high level, close to the all-time high of Q3. CTT received the (technical difficulty) ACJ320 to deliver one more kit of our enhanced humidification system, the fourth in total.
Looking at our financial numbers, our sales met the forecast closing of SEK68 million. And we recorded growth for the seventh consecutive quarter, driven by high sales in the OEM and private jet that more than compensated for a small decline in aftermarket sales down from the Q3 all-time high. EBIT increased to SEK21 million and we reported an EBIT margin of 31%.
Earnings per share increased to SEK1.42, and we had an operating cash (technical difficulty) SEK18 million. If comparing with the same quarter last year, net sales increased SEK26 million, driven by
Q4 2022 CTT Systems AB Earnings Call Transcript
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