JLT Mobile Computers Reports Impressive Interim Results

Strong Performance for JLT Mobile Computers

Today, JLT Mobile Computers, a leader in rugged computing solutions, shared positive interim results for the January to June 2025 period, highlighting significant growth and strategic market advancements.

Key Figures Overview

In its report, JLT Mobile Computers detailed some key metrics that portray a robust performance. The company recorded an order intake of MSEK 81.5, up from 55.0 a year prior. This upward trend reflects the strong demand for its products, driven by expanding operations and customer base.

Sales and Profit Highlights

Net sales for the period amounted to MSEK 75.8, compared to last year’s MSEK 69.6, marking a solid increase. However, it faced a dip in operating profit, which fell to MSEK -0.4 from the previous year's MSEK 0.4. The company experienced pressures on its margins due to currency fluctuations, particularly the declining value of the USD, impacting prices and profitability.

Quarterly Analysis

During the first quarter, JLT Mobile Computers achieved a record-high order intake, driven by several major deals with key US customers. These deals accounted for a significant proportion of the quarterly revenues. Nevertheless, the weakening USD negatively influenced gross margins as the invoicing was conducted at lower exchange rates than the cost of procuring components.

Second Quarter Developments

In the second quarter, the order intake reached MSEK 21.7, increasing slightly from MSEK 20.9 in the prior year. This brought the total order intake for the first half of the year to MSEK 82, an impressive growth of 48 percent over the same period last year. To meet rising demand, the company effectively tripled its production capacity, which contributed to a 24 percent increase in net sales during the second quarter.

Investment in Market Expansion

JLT's commitment to market expansion is evident through continued investments in marketing and sales initiatives. A notable highlight is the launch of the industry's first 15" Full HD vehicle-mounted computer, aimed at various sectors, including mining and agriculture. This innovative product is expected to enhance JLT's competitive edge and strengthen customer relationships.

Future Outlook

Despite facing global uncertainties, JLT Mobile Computers remains well-prepared to navigate upcoming challenges and seize opportunities in the rugged computing market. With a resilient business model, a diverse product range, and an increased production capacity, the company is positioning itself for continued growth.

Reader Inquiries

For further information, readers can contact:
Per Holmberg, CEO
Tel.: +46 70 361 3934
per.holmberg@jltmobile.com

About JLT Mobile Computers

With nearly three decades of expertise in rugged mobile computing, JLT Mobile Computers stands as a premier supplier of computing devices tailored for demanding environments. The company, founded in 1994, is publicly traded on the Nasdaq First North Growth Market under the symbol JLT. JLT's mission focuses on providing unparalleled product quality and customer support across various industries, including warehousing and agriculture, ensuring seamless business operations.

Frequently Asked Questions

What were JLT Mobile Computers' key metrics for January to June 2025?

Order intake was MSEK 81.5, net sales were MSEK 75.8, and operating profit was MSEK -0.4.

What factors affected JLT's gross margins?

The decline in the USD negatively impacted gross margins as components were purchased at higher rates than invoiced.

What new product did JLT launch recently?

JLT launched the first 15" Full HD vehicle-mounted computer aimed at sectors like mining and agriculture.

How much did JLT's order intake grow?

The order intake grew by 48 percent compared to the previous year.

What is the future outlook for JLT Mobile Computers?

JLT is well-positioned to meet future challenges with its increased production capacity and innovative product offerings.

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