Technology company Invisio issues a reverse profit warning for the fourth quarter of 2024 as the financial result is expected to be significantly higher than market expectations. Operating profit for the fourth quarter amounted to SEK 194.8 million (62.4) with an operating margin of 32.8 percent (18.0). Revenues amounted to SEK 594.1 million for the fourth quarter and SEK 1,806.7 million for the full year 2024. "As we have previously communicated, we have always experienced volatility in order intake and sales, just like many other companies in our industry. This is mainly due to larger project orders and customer preferences regarding delivery times," said CEO Lars Højgård Hansen. "For the 2025 financial year, we expect our stronger offering combined with a significant order book and an active market to result in continued strong sales and order intake," Højgård Hansen continues.
INVISIO is a Denmark-based electronic equipment company that manufactures and distributes communication hearing protection systems for the defense industry.