Invisio Shows Record Results
INVISIO, Danish developer technologies and products for audio communication for headset products and PTT-units (Push To Talk) for audio communication, has today published its interim report for the full year 2016.
Sales of the company increased by 44 per cent to SEK 330.0 million (229.8) and the operating profit for the full year grew by 91 per cent to SEK 90.4 million (47.3).
Lars Højgård Hansen, CEO of INVISIO: "In 2016 we successfully implemented our strategy for profitable growth. For the full year our sales, operating profit and operating margin are the highest in the company's history. Our strong belief in the future is unchanged. The Board's proposed dividend should be seen in the light of our capacity to grow with sound profitability and retained financial strength in the coming years".
In Q4 last year, the company recently formed a wholly-owned subsidiary in the USA to increase its presence in the American market and an existing NATO customer ordered equipment for SEK 18 million to be delivered in the first half of 2017. Also in Q4, an order worth SEK 11 million was received from another existing NATO customer.
