Interim Report Q2, 2019
Focus on sales and marketing, as well as an expansion of the range of products and services offering yield good results
The persistent effort to implement our growth strategy has continued to yield good results in the second quarter of the year. This strategy includes a focus on sales and marketing, as well as an expansion of the range of products and services. We increased both orders and invoicing, while maintaining the strong gross margin. Orders totaled MSEK 45 and net sales amounted to MSEK 38; 25% and 27% increases, respectively, compared to the corresponding period last year.
During the quarter, our latest computer, the JLT6012, was introduced to customers within the ports industry at the global ports trade fair TOC Europe in Rotterdam. During those three days, we found several new business opportunities with both existing and potential customers in the ports segment. The completed installation of more than 100 computers at the OPCSA sea terminal in Las Palmas on the Canary Islands was announced in connection to the fair, as well as deliveries to two new terminals in Papua New Guinea.
We are entering the third quarter with a strong MSEK 24 order backlog, most of which is going to be delivered during the second half of the year. In the longer term, we are continuing to invest in our growth strategy and in the transformation of JLT to a more holistic business model, with the goal of improving the value for customers, employees and shareholders.
Per Holmberg, CEO
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Major shareholders by end of 2018
Jan Olof Olofsson m familj
Grenspecialisten förvaltning AB
Försäkringsbolaget Avanza Pension
Jerry Fredriksson m företag
Nordnet Pensionsförsäkring AB
Consortium Capital Investments
Danica Pension Försäkrings AB
Larne Wallisson m företag