Enters 25th anniversary year in excellent shape after closing 2018 with the strongest order intake and financial results in the company’s history
Växjö, Sweden, 7 March 2019 * * * JLT Mobile Computers, a leading developer and manufacturer of reliable computers for demanding environments - and renowned for its high-level of support and flexibility in addressing customer challenges - reports record results for fiscal year 2018 (full details of the JLT Year-end Report, published 2019-02-08, are available here). Operating in an industry where the annual growth has been steady around 5% over the past couple of years, JLT reinforces its position as a leading player in the high-end of the rugged computer market with an increase in revenues by 15% and order intake by almost 30%, reaching a record level in the 25-year history of the company.
On the product side, 2018 saw the launch of the JLT6012™ logistics computer, which is the first vehicle-mounted PC to be developed on JLT's next generation technology platform that will form the basis of future solutions and specifically targets the warehousing and logistics sector. As the fastest ramping new product in the history of JLT, sales of the new JLT6012 computer started off strong, especially in the US market. Further JLT product expansions in 2018 included the launch of several fully rugged Android-based tablet and hand-held products.
Next to expanding its service and product portfolio, JLT also continued to broaden its customer base within existing target markets such as warehousing logistics, ports and mining, and by driving expansion into additional sectors such as agriculture.
"I am immensely proud of our highly qualified employees and the trust our customers are awarding us, which yielded record-breaking results for 2018, and am looking forward to building on this success in 2019, our 25th anniversary year," says Per Holmberg, CEO of JLT Mobile Computers. "Throughout 2019 we will continue to develop our organization and offering to meet customers' needs with the best possible combination of products, accessories and services."
To learn more about JLT Mobile Computers, its products, services and solutions, visit www.jltmobile.com or arrange a personal meeting at one of the upcoming shows in Europe or the US via www.jltmobile.com/upcoming-events.
About JLT Mobile Computers
JLT Mobile Computers is a leading developer of rugged mobile computers for demanding environments. These PC-type computers are developed and manufactured in Sweden for professional use and are characterized by very high reliability in the face of moisture, dust, vibration, electromagnetic fields or extreme temperature - reliability that is required for use in areas such as transportation, warehousing / logistics, forestry, mining, automation, military and rescue vehicles. JLT operates globally with offices in Sweden and the US, complemented by a network of sales partners that provide complete solutions and local support. JLT has delivered over 100,000 PCs since its inception and the company's turnover in 2018 was SEK 130 million. The headquarters in Växjö, Sweden houses the development, service and administration departments. The company was founded in 1994 and since 2002 has been listed on the NASDAQ First North, under the symbol JLT; Eminova Fondkommision AB acts as Certified Advisor. For additional information, please visit www.jltmobile.com. You can also follow and engage with JLT via LinkedIn and Twitter