Press release -
Report for Third Quarter, July - September 2014
Significant breakthrough is becoming evident
A powerful enhancement of the Company’s strategic business discussions, not least within the LTE Small Cell Security and Telecom customer niche markets.
Accelerated interest and extended business discussions amongst others from the Japanese and Chinese Markets together with the activities in Brazil, which have now resumed after previous elections.
Growth has continued to be good even after the quarter ended. Sales growth amounted to 53% Y/Y during the period August-October, in comparison with a 31% total growth over the third quarter period.
The quarter in short
- Gross profit increased during third quarter by 70% to 16,4 MSEK (9,6). Adjusting for a reversed provision of 4,3 MSEK, the gross profit would have increased with 26% to 12,1 MSEK.
- Net profit amounted to -6,3 MSEK (-9,4) in the third quarter.
- Liquidity amounted to 22,3 MSEK (0,9) at the end of the period.
- Net sales increased during third quarter by 31% to 16,0 MSEK (12,3)
Örnsköldsvik, the 26th of November 2014
The board of directors
This report has not been audited by the auditor
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Topics
- Innovations, inventions
Categories
- information security
- network security
- clavister
- quarterly report
Clavister is a leading security provider for fixed, mobile and virtual network environments. Its award-winning solutions give enterprises, cloud service providers and telecoms operators the highest levels of protection against current and new threats, and unmatched reliability. Clavister’s performance in the security sector was recognised in 2013 with the 2012 Product Quality Leadership Award from Frost & Sullivan. The company was founded in Sweden in 1997, with its solutions available globally through its network of channel partners.
Clavister is a member of Intel’s Network Builders program (networkbuilders.intel.com), a cross-industry initiative that enables telcos to build and manage business-critical infrastructures, with lower capital and operating costs.
For more information about Clavister, visit www.clavister.com
