Växjö, Sweden, 27 October 2023 * * * JLT Mobile Computers
(https://jltmobile.com/?utm_campaign=press_release__pd&utm_medium=pr&utm_source=
Paid), a leading supplier of rugged computers for demanding environments,
publishes interim report for January-September 2023 today.
Summary of key figures

  * Order intake MSEK 78.9 (112.5)
  * Net sales MSEK 117.0 (126.9)
  * Operating profit MSEK -2.6 (5.1)
  * Profit after taxes MSEK -2.0 (3.8)

In short

  * The result for the period is affected by current economic conditions
    dampening the demand, particularly in the warehousing and transportation
    sector in the American market. This is also reported by other leading
    companies in the industry.
  * A significant project client for JLT filed for Chapter 11 bankruptcy in
    August. Anticipated deliveries in the project of approximately MSEK 15 in
    2023 and 2024 will not be realized. Fortunately, the bankruptcy has not
    resulted in any credit losses for JLT.
  * Cost control has been tightened and a reorganization has been made in order
    to increase efficiency and create a stronger focus on growth.
  * Inventory levels were proactively increased during the component shortage,
    the decreased demand in 2023 and longer lead times for components have led
    to further increases. Efforts are now underway to actively reduce inventory
    levels gradually. Currently, there is no significant risk of obsolescence.
  * The decline in orders is believed to be a result of current economic macro
    conditions; increased growth and improved profitability are anticipated as
    target markets recover.

The full interim report is attached to this press release and available for download at the company's website, jltmobile.com (https://jltmobile.com/investor-relations/reports-and-presentations/).
Additional financial information is available online on JLT's investor pages (https://jltmobile.com/investor-relations/).
This information is information that JLT Mobile Computers AB (pub) is obliged to
make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out below, at 08:00 pm CET on Friday, October 27, 2023.
Reader Enquiries

 JLT    Mobile   Computers
 Group                     Presskontakt              Certified Adviser
 Per Holmberg, VD          PRismaPR, Monika          Eminova Fondkommission AB
                           Cunnington
 Tel.: +46 70 361 3934     Tel.: +44 20 8133 6148    Tel.: +46 08 684 211 10

per.holmberg@jltmobile.co
m
(mailto:per.holmberg@jltm
obile.com)
www.jltmobile.com monika@prismapr.com adviser@eminova.se
(https://jltmobile.com/sv (mailto:monika@prismapr.c (mailto:Adviser@eminova.se

 /?utm_campaign=press_rele om)                       )
 ase_se__pd&utm_medium=pr& www.prismapr.com          www.eminova.se
 utm_source=Paid)          (http://www.prismapr.com) (https://www.eminova.se)

About JLT Mobile Computers
Reliable performance, less hassle. JLT Mobile Computers is a leading supplier of
rugged mobile computing devices and solutions for demanding environments. Over 25 years of development and manufacturing experience have enabled us to set the standard in rugged computing, combining outstanding product quality with expert service, support and solutions to ensure trouble-free business operations for customers in warehousing, transportation, manufacturing, mining, ports, and agriculture. JLT operates globally from offices in Sweden and the US, complemented by an extensive network of sales partners in local markets. The company was founded in 1994, and the share has been listed on the Nasdaq First North Growth Market stock exchange since 2002 under the symbol JLT. Eminova Fondkommission AB acts as Certified Adviser. Learn more at www.jltmobile.com (https://jltmobile.com/sv/?utm_campaign=press_release_se__pd&utm_medium=pr&utm_s
ource=Paid).
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