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JLT Mobile Computers (JLT) investor relations material

JLT Mobile Computers Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2025 earnings summary14 Aug, 2025

Executive summary

  • Order intake rose 48% year-over-year to MSEK 81.5, driven by strong US deals in Q1, but Q2 saw cautious customer behavior due to US tariff announcements.

  • Net sales increased 9% year-over-year to MSEK 75.8 for H1 2025, with a 24% rise in Q2 compared to the same quarter last year.

  • Operating profit for H1 was MSEK -0.4, down from MSEK 0.4 last year, mainly due to lower gross margin from currency effects.

  • Cash flow was negative at MSEK -5.5 for H1, impacted by high delivery volume at quarter-end; liquidity improved post-period.

Financial highlights

  • Gross margin declined to 35.0% (from 43.5% year-over-year) for H1, and to 32.2% in Q2 (from 42.8%), mainly due to USD weakness and inventory revaluation.

  • EBITDA for H1 was MSEK 0.0, down from MSEK 1.3 last year.

  • Profit after tax for H1 was MSEK -0.4, compared to MSEK 0.2 last year.

  • Earnings per share for H1 was SEK -0.01, compared to SEK 0.01 last year.

  • Equity at period-end was MSEK 44.6, with solidity at 50%.

Outlook and guidance

  • Gross margin expected to recover in H2 if macroeconomic conditions remain stable.

  • New US tariffs from August 7 may impact future deliveries; mitigation efforts include supply chain reviews and customer renegotiations.

  • Focus remains on expanding in Europe and new industry segments, with continued investment in marketing and innovation.

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Frequently asked questions

JLT Mobile Computers AB, also known as JLT Mobile Computers, is a Sweden-based company specializing in the development, manufacture, and marketing of rugged mobile computers. These include onboard computers for vehicles and mobile handheld tablet computers designed to operate in harsh environments such as shipping, mining, security, military, and various industrial sectors. The company prides itself on its robust product design tailored to withstand challenging conditions like extreme temperatures and vibrations, ensuring reliability and performance. The company is headquartered in Växjö, Sweden, and its shares are listed on the Stockholm Stock Exchange.

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