1 / 15

Interim Report Jan - Mar 2003

Interim Report Jan - Mar 2003. CEO Ray Mauritsson CFO Jörgen Lindquist. Continuous growth for Video despite cautious market. Financial Performance. Net sales: SEK 153 M (164) Currency effects impacted negatively: SEK 18 M Operating profit: SEK 0.6 M (11). Highlights Q1.

michaelortiz
Download Presentation

Interim Report Jan - Mar 2003

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Interim ReportJan - Mar 2003 CEO Ray MauritssonCFO Jörgen Lindquist

  2. Continuous growth for Video despite cautious market

  3. Financial Performance • Net sales: SEK 153 M (164) • Currency effects impacted negatively: SEK 18 M • Operating profit: SEK 0.6 M (11)

  4. Highlights Q1 • Continued strong development within Video • Proactive market efforts • Cautious market conditions

  5. Intelligent Network Solutions Video Solutions Network Printing Other • Network Scan & Store • Technology sales • Wireless Access 40% 52% 8% • Network Cameras • Video Servers

  6. Leading technology • Proven technology and intensive R&D • In-house developed chip technology for image processing and network connectivity • 19 years of network experience • Open standards only • More than 120 developer partners

  7. A growing Video market • Global market leader • Significant growth potential • Growing interest in surveillance and security • Shift from analog to digital solutions • New technical possibilities

  8. Focus on customer segments Transportation Bank Industrial Retail Government Education

  9. Financial Performance • Net sales: SEK 153 M (164) • Currency effects impacted negatively: SEK 18 M • Operating profit: SEK 0.6 M (11) • Continuous strong balance sheet

  10. Sales Q1 Sales by Product Group Sales by Region Access and other 2% Scan & Store 6% Asia 24% Print 40% 52% Video 48% EMEA 28% Americas

  11. Sales by quarter Continued weak market Video grew by 18% compared to Q1 2002 Weak development within Print Other Video

  12. EBIT by quarter • Gross margin: 53.7% (58.7) • Operating margin: 0.4% (6.5) • Profit margin: 1.7% (8.3)

  13. Investing for the future • Intensive R&D agenda • Estimated 15% - 20% reinvested in R&D • Video prioritized in 2003 • Several new products • Proactive market efforts • Focus on customer segments • New partnerships

  14. Market trends • Signs of increased activities • Uncertain global economic development

  15. Outlook 2003 • Weak IT investments • Long term growth potential for Video • Strengthened positions • Continued profitable development

More Related