Jul 18, 2025 / 07:30AM GMT
Henrik Hojer - CTT Systems AB - Chief Executive Officer
Thank you and good morning. Welcome to CTT's quarterly earnings call. We will present the Q2 financial result and outlook going forward. Starting with the quarterly business highlights, a strong business momentum continues in private jet. We delivered one complete ACJ320 kit and two ACJ320 kit systems, except for the Window Defrost kit that will be deliver in Q3.
In Q2, we received five new orders, one ACJ320 on top of the four received in Q1, and one wide-bodied VIP project for four BBJ 787s. OM order backlog increased with significant pickup in deliveries from Q1 '26. Aftermarket rebounded as predicted from a temporary dip in Q1 to SEK57 million.
Shifting to the financial performance in short, comparing the second quarter with the same quarter last year, reported sales decreased 3% from SEK82 million to SEK80 million. If adjusting for currency sales, increased 7% to SEK88 million. In the quarter, the minus 10% US dollar SEC movement had a negative impact of SEK8 million net sales.
Operating profit, EBIT decreased to 18%
Q2 2025 CTT Systems AB Earnings Call Transcript
2 days ago
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