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Clavister Q2 2021: Order Intake Growth of 55%

August 26, 2021, Örnsköldsvik, Sweden. Clavister, a leader in high-performance cybersecurity solutions, released its latest quarterly report for 2021.

“Our second quarter of 2021 saw positive development of several metrics, especially order intake, recurring revenue and operational cash flow. We have good momentum in the Service Provider space as we execute on our refined strategic direction.”

John Vestberg,President and CEO

The Second Quarter

  • Order Intake amounted to 84.7 (54.8) MSEK
  • Net Sales amounted to 29.6 (28.5) MSEK. FX adjusted Net Sales amounted to 30.0 (28.5), an increase of 1.5 MSEK.
  • Gross Profit amounted to 27.1 (24.3) MSEK, corresponding to a gross margin of 85.3 (83.7) %.
  • EBITDA amounted to -4.8 (-7.9) MSEK
  • EBIT amounted to -14.1 (-17.2) MSEK.
  • Net Profit amounted to -19.0 (-12.3) MSEK and earnings per share to -0.35 (-0.48) SEK.
  • Operating Cash Flow amounted to 9.4 (9.7) 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, August 26, 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 August 26, 2021.