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2020

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Clavister Q2 2020 Interim Report

FINANCIAL SUMMARY APRIL-JUNE 2020

•   Revenue: 29.0 (33.1) MSEK
•   Net Sales: 28.5 (32.7) MSEK
•   Gross Profit: 24.3 (27.1) MSEK
•   Gross Margin: 83.7 (81.9)%
•   EBITDA: -7.9 (-7.2) MSEK
•   EBIT: -17.2 (-17.8) MSEK
•   Net Profit: -12.3 (-25.3) MSEK
•   Operating Cash Flow: 9.2 (-9.2) MSEK
•   Cash by End of Period: 68.4 (65.6) MSEK
•   Earnings per Share: -0.48 (-1.07) SEK

“Our first quarter of 2020 was characterized by an increased demand of our solutions, further development of our business in several areas and close monitoring of the COVID-19 pandemic. Strong revenue growth was combined with operational improvements which resulted in good cash flow for the period.
Our order intake for the second quarter increased by 49% (adjusted for China) and ended at an all-time high level of 55 MSEK. The increase was driven by substantial growth in almost all of our markets, and further augmented by some larger contract wins towards the end of the period. “
– John Vestberg, CEO & President

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