Oct 28, 2021 / NTS GMT
Torbjörn Johansson - CTT Systems AB - CEO
Good morning and welcome to our Q3 earning call. We take slide number 2. It's me, Torbjörn Johansson, that present. And with me, I have Markus Berg, our CFO.
We take the next slide, slide number 3, and go directly onto slide number 4. The net sales for the third quarter came in at the upper end of our forecasted range, and it was SEK40 million. It's a slight increase compared to the same quarter last year. The aftermarket continued to increase. It is the fourth consecutive quarter where the aftermarket sales are increasing.
We take the next slide, slide number 5. Financials in short, as we said, the net sales was SEK40 million. The EBIT was SEK12 million. It's doubling the EBIT from last year, and it came out in an EBIT margin of 29%, which is very good. We normally have a very good EBIT margin in the third quarter where our costs are a little bit lower.
The cash flow, I'm happy to see that it's back to normal again. It was SEK10 million, which is in line with our earnings.
We take the next slide, slide number 6
Q3 2021 CTT Systems AB Earnings Call Transcript
Mar 03, 2024
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