Outlook for 2022

(Updated April 29, 2022)

The global disruption in the availability of electronic components and the spread of new variants of the coronavirus are having a significant impact on the global market. More than 70 percent of Bittium's net sales accumulate from products and related systems, and the prevailing shortage of components is causing significant uncertainty to the development of Bittium's product-based net sales in 2022. Due to these uncertainties, at this point of the year, the company will exceptionally publish only the first half-year outlook instead of the full-year outlook.

Bittium expects the net sales in January-June 2022 to be at the same level as in the previous year (EUR 39.7 million in January-June 2021) and the operating result to be negative (operating loss of EUR -0.7 million in January-June 2021). The second quarter operating result is expected to be positive.

More information about Bittium´s market outlook regarding the outlook is presented on the company's internet pages at market outlook.

More information about uncertainties is presented on the company's internet pages at Identified risks and uncertainties.