Q4 2019 Tobii AB Earnings Call Transcript

Feb 06, 2020 / 12:00PM GMT

Release Date Price: €1.71 (+5.11%)

Transcript

Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to today's Tobii AB Year-end Report 2019 Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today, Thursday, the 6th of February 2020.

I would like now to hand the conference over to your speaker today, Henrik Eskilsson. Please go ahead, sir.

Henrik Eskilsson;publ;Co;Founder

Tobii AB;CEO, President & Interim President of Tobii Tech Business Unit

()-- -

Thank you, Carol, and welcome to this call, everyone. Me and Johan are happy to be here today to present Tobii's year-end results. So let's go to the next slide.

We had a strong finish to the year with all-time high revenue in all of our 3 divisions. And overall, the group revenue grew by a good 19% or 12% adjusted for currency effects. Most notable was the very high 69% currency-adjusted growth in the external revenue in Tobii Tech.

The EBIT for the group improved to minus SEK 21 million in Q4 compared

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