AVTECH Sweden AB Interim Report January – June 2022

FINANCIAL KEY FIGURES FOR THE PERIOD

  2022 2021 2021
MSEK Quarter 2 Quarter 1 Quarter 2
Net turnover (sales) 5.5 4.5 2.7
Operating profit before depreciation +2.3 +1.6 +1.0
Net profit +1.4 +0.7 +0.3
Net profit per share, SEK +0.025 +0.012 +0.006
Cash flow +1.1 -0.5 +1.3
Cash and cash equivalents 10.8 9.7 9.1
Equity 27.2 25.8 24.8
Equity per share, SEK 0.48 0.46 0.44
Equity ratio, % 90.6% 91.1% 91.5%
  • Sales have continued to increase during the second quarter of the year thanks to additional agreements in Q1, increased flying and rising dollar exchange rate. The increase is 22.5% compared to the previous quarter and 106% compared to Q2 2021.
  • Continued growth in net income increasing by 100% since the previous quarter and 335% compared to Q2 2021.
  • Positive Cash flow during the second quarter.

Financial reports are available at www.avtech.aero/report.

https://old.avtech.aero/press-release-english

The information was submitted for publication, through the agency of the contact persons set out below, at 2022-08-26 08:30 CEST.