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Clavister Q1 2021: Order Intake Growth of 12%

May 12, 2021, Örnsköldsvik, Sweden. Clavister, a leader in high-performance cybersecurity solutions, released its first quarterly report for 2021.

“Our first quarter of 2021 started slow but recovered with important orders towards the end of the quarter leading to an order growth of 12%. We have good traction in our 5G security business and see an uptake in business within the Nordic public sector market. Business activity is slowly increasing as the impact of Covid normalizes and we are still confident in delivering on our growth and profitability ambitions for the year.”

John Vestberg, President and CEO

The first quarter

  • Order Intake amounted to 36.1 (32.2) MSEK.
  • Net Sales amounted to 30.6 (29.3) MSEK. FX adjusted Net Sales amounted to 31.6 (28.6) an increase of 3.0 MSEK.
  • Gross Profit amounted to 26.7 (28.3) MSEK, corresponding to a gross margin of 85.7 (85.1) %.
  • EBITDA amounted to -7.0 (-5.8) MSEK
  • EBIT amounted to -16.0 (-17.3) MSEK
  • Net Profit amounted to -26.3 (-39.5) MSEK and earnings per share to -0.49 (-1.54) SEK.
  • Operating Cash Flow amounted to -35.6 (-20.6) MSEK.

The full quarterly report can be found at the Company’s web page:  https://www.clavister.com/company/investor-relations/financial-reports/2021-2/

At 09:00 CET, May 12, Clavister’s CEO John Vestberg and CFO, David Nordström will be presenting the quarterly results in a live websession. Following the presentation, the audience will be given the opportunity to ask John and David questions in a Q&A session. Register at https://www.clavister.com/company/investor-relations/financial-reports/2021-2/

For additional information regarding this press release, please contact:
John Vestberg, President and CEO, +46 (0)660-29 92 00 or ir@clavister.com

About Clavister
Clavister is a leading European cybersecurity vendor with over 20 years of experience. Seated in Sweden, the company has customers in more than 150 countries; Communication Service Providers, Governments, Enterprises and Managed security service providers (MSSPs). The stock, Clavister Holding AB, is listed at Nasdaq First North. FNCA Sweden AB is the Company’s Certified Advisor (+46 8-528 00 399, e-mail: info@fnca.se).

This information is information that Clavister Holding AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 8:00 CET on May 12, 2021.