Outlook for 2022

(Updated August 5, 2022)

The world's geopolitical situation, problems in logistics chains, inflation, and deteriorating economic development create uncertainty in future outlook. About 70 percent of Bittium's net sales accumulates from products and related systems. The global disruption in the availability of electronics components still causes significant uncertainty and poor visibility in the development of Bittium´s product-based net sales and operating result by the end of 2022.

Bittium expects the net sales of 2022 to be at the same level as in the previous year (EUR 86.9 million in 2021). Even though the operating result of the third quarter is expected be negative, the operating result of the whole year 2022 is expected to be positive (EUR 3.2 million in 2021).

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.