Brief: Ovzon Q4 Revenue Rises To SEK 73.2 Mln

Ovzon AB (publ)

18/02/2022 07:22

Feb 18 (Reuters) - Ovzon AB (publ)  OVZON.ST :
    * YEAR-END REPORT, JANUARY-DECEMBER 2021
    * Q4 REVENUE INCREASED TO TSEK 73,209 (33,633).
    * Q4 OPERATING PROFIT AMOUNTED TO TSEK -29,030 (-19,326)
    * OUTLOOK: COMPANY BELIEVES THAT SALES FOR 2022 WILL BE
HIGHER
THAN 2021
    * 2022 WILL BE PERHAPS MOST IMPORTANT YEAR IN OVZON'S
HISTORY. WE
HAVE IMPORTANT MILESTONES TO ACHIEVE AND AMBITIOUS PROFITABLE
GROWTH TARGETS TO MEET.
    * WE COMMENCE 2022 WITH AN ORDER BOOK OF MUSD 29.20, WHICH
IS
CLOSER TO DOUBLE COMPARED TO 2021.
    * OUTLOOK: WE BELIEVE THAT MARKET FOR SATELLITE
COMMUNICATIONS
SERVICES THAT REQUIRE HIGH MOBILITY AND PERFORMANCE WILL
CONTINUE TO DEVELOP POSITIVELY AND THAT OUR REVENUE FOR 2022
WILL BE HIGHER THAN IN 2021.

Source text for Eikon:  ID:nWkr4QHQhC 
Further company coverage:  OVZON.ST 

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