Q3 2024 Invisio AB Earnings Call Transcript

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Oct 24, 2024

Oct 24, 2024 / 01:00PM GMT
Operator

Go ahead.

Lars Hoejgaard Hansen - Invisio AB - President, Chief Executive Officer

Thank you very much and welcome to our earnings update for the third quarter. And this is one of the strongest quarters in Invis history that we are reporting. Our order intake was in excess of SEK500 million for the first time in a single quarter. If we exclude the exceptional order we had on third party radios in the first quarter. And if we look at a '12 month rolling scale, our or intake is now pacing around 1.5 billion Swedes. Also that is a record and even our revenues were strong in the quarter.

The strongest ever for a third quarter where we traditionally have a little bit of impact from vacation periods around Europe. Our revenues amounted to 350 million. All the highlights was our opecs and abid margin that remained stable. And also that our order book is now very strong and we have a high capacity for speedy delivery of volume orders, given our inventory levels. So all in all, we are still very well positioned to take advantage of the opportunities that we see

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