Jetpak Top Holding AB Reports Earnings Results for the Fourth Quarter and Full Year Ended 31 December 2020
February 25, 2021 at 05:30 am
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Jetpak Top Holding AB (publ) reported earnings results for the fourth quarter and full year ended 31 December 2020. For the quarter, the company reported total revenue of SEK 251,276,000 compared to SEK 218,113,000 a year ago. Operating profit was SEK 27,795,000 compared to SEK 22,360,000 a year ago. Profit for the period was SEK 16,366,000 compared to SEK 18,635,000 a year ago. Earnings per share before dilution was SEK 1.38 per share compared to SEK 1.55 per share a year ago. Earnings per share after dilution amounted SEK 1.35 per share compared to SEK 1.52 per share a year ago.
For the full year, the company reported total revenue of SEK 912,395,000 compared to SEK 864,488,000 a year ago. Operating profit was SEK 73,816,000 compared to SEK 91,634,000 a year ago. Profit for the period was SEK 44,040,000 compared to SEK 67,205,000 a year ago. Earnings per share before dilution was SEK 3.69 per share compared to SEK 5.60 per share a year ago. Earnings per share after dilution amounted SEK 3.58 per share compared to SEK 5.46 per share a year ago.
Jetpak Top Holding AB (publ) is a Sweden-based holding company of the Jetpak Group, a logistics and delivery provider. The Company provides time-critical express deliveries in the Nordic region, as well as several other European countries. It specializes in flight-based, door-to-door, long-distance deliveries aimed primarily at the business to business (B2B) sector. The Company's uses its information technology (IT) platform JENA to find the optimal transport route, combining air and road transport. The Company operates through two segments: Express Ad-hoc and Express Systemized. Express Ad-hoc segment comprises ad-hoc orders for flexible and time-critical courier services. Express Systemized segment comprises systematic orders for parcel shipments. The Company's point-to-point network covers more than 150 locations.
JETPAK TOP HOLDING AB 
