Clavister Q4 2020 Interim Report
On Wednesday, February 10, 2021 at 08:00 CET Clavister’s Q4 Interim Report was released. The report and related materials is available on this page right after disclosure. Reports from previous quarters of 2020 can also be found below on this page as well as disclosed related material for 2020.
““Our full year 2020 saw a solid revenue growth of 17% and halved EBITDA losses compared to 2019. Our order backlog and sales funnel are strong, despite negative impact from the Covid-19 pandemic during the second half of the year. I would like to express my gratitude to all Clavister colleagues, partners and our shareholders for the relentless commitment in building business and supporting our customers throughout this turbulent year.”
John Vestberg, President and CEO
THE FOURTH QUARTER
• Revenue amounted to 36.4 (31.9) MSEK, an increase of 14%. Revenue adjusted for FX effects amounted to 37.2 (31.6) MSEK, an increase of 18%.
• Net sales amounted to 30.9 (31.6) MSEK.
• Order intake amounted to 31.8 (42.3) MSEK.
• Gross profit amounted to 32.1 (25.3) MSEK, corresponding to a gross margin of 88.3 (79.3)%.
• EBITDA amounted to -14.9 (-19.3) MSEK.
• EBIT amounted to -23.3 (-29.5) MSEK.
• Net profit amounted to -20.1 (-108.6) MSEK and earnings per share to -0.52 (-4.23) SEK.
• Operating cash flow amounted to 2.0 (-9.1) MSEK.
FULL YEAR 2020
• Revenue amounted to 140.2 (123.5) MSEK, an increase of 17%. Revenue adjusted for FX effects amounted to 141.1 (120.8) MSEK, an increase of 21%.
• Net sales amounted to 128.1 (123.1) MSEK.
• Order intake amounted to 153.9 (146.7) MSEK.
• Gross profit amounted to 122.4 (99.5) MSEK, corresponding to a gross margin of 87.3 (80.6)%.
• EBITDA amounted to -19.5 (-39.0) MSEK.
• EBIT amounted to -56.5 (-80.5) MSEK.
• Net profit amounted to -81.9 (-188.2) MSEK and earnings per share to -2.10 (-7.65) SEK.
• Operating cash flow amounted to 8.3 (-43.1) MSEK.
• The Board of Directors proposes to the Annual General Meeting that no dividend will be paid for the 2020 fiscal year.
PRESS RELEASES
Clavister Q4 2020: Revenue growth of 14% and improved EBITDA
“Our full year 2020 saw a solid revenue growth of 17% and halved EBITDA losses compared to 2019. Our order backlog and sales funnel are strong,..”
READ MOREClavister Q4 2020: 14 % intäktsökning och förbättrad
EBITDA.
”För helåret 2020 levererade vi en stabil intäktsökning på 17% och halverade vår EBITDAförlust. Vår orderbok och säljtratt är stark…”
LÄS MERPRESENTATIONS & REPORTS
Clavister publishes its financial results five times a year through four quarterly interim reports and an annual report. The interim report for the fourth quarter is accompanied by a company announcement summing up the financial results for both fourth quarter and full year. You can see the dates for upcoming reports in the financial calendar.