CTT Systems AB
STO:CTT

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CTT Systems AB Logo
CTT Systems AB
STO:CTT
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Price: 190.8 SEK -2.35%
Market Cap: 2.4B SEK

CTT Systems AB
Investor Relations

CTT Systems AB engages in the provision of condensation prevention and active humidification control systems for commercial aircraft. The company is headquartered in Nykoeping, Sodermanlands and currently employs 76 full-time employees. The firm develops, manufactures and sells humidity control systems for commercial aircrafts. Its activities are divided into three business units: CTT Systems, responsible for humidity control in aircraft; Bribo Mekaniska, providing stamped metal components; and Catron Elektronik, which offers communication and control equipment. The Company’s product portfolio comprises: Zonal Drying System, which eliminates the accumulation of condensation in an aircraft; Cair, a moisture management system that removes condensation from the aircraft’s structure and humidifies the cabin; Crew Humidifiers, increases humidity in the crew rest compartments and flight deck; as well as Cair VIP, a humidification system adapted to private jet plane. The company collaborates with a range of entities, such as Boeing and Airbus. Furthermore, the Company is a parent of CTT Systems Inc, Catron Elektronik AB and Bribo Mekaniska AB.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 24, 2025
AI Summary
Q3 2025

Strong System Sales: System sales are up 80% year-to-date, with significant contributions from private jet and OEM segments.

Revenue Growth: Q3 net sales rose 29% to SEK 74 million, and would have increased 39% at constant currency, despite FX headwinds.

Profitability: EBIT improved to SEK 19 million, but EBIT margin dipped slightly to 25% due to negative currency and sales mix effects.

Cash Flow: Operating cash flow surged to SEK 33 million, up from SEK 8 million last year.

OEM Momentum: Partnerships with major aircraft OEMs (Airbus, Boeing, COMAC) are strengthening, providing a robust growth outlook.

Aftermarket Inventory: Distributor destocking weighed on aftermarket sales, but inventory levels are expected to normalize by 2026.

No Specific Guidance: Management will not issue short-term sales guidance due to currency volatility and changing buying behaviors.

Key Financials
Net Sales
SEK 74 million
Net Sales (constant currency)
SEK 79 million
EBIT
SEK 19 million
EBIT Margin
25%
Earnings per Share
SEK 1.15
Operating Cash Flow
SEK 33 million
Net Debt
SEK 2 million
Cash
SEK 35 million
Equity Ratio
73%
Return on Capital Employed
24%
Backlog
SEK 129 million
Order Intake
SEK 48 million
Aftermarket Sales (TTM)
SEK 193 million
System Sales (YTD)
SEK 66 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Henrik Hojer
Chief Executive Officer
No Bio Available
Mr. Markus Berg
CFO & Head of Sustainability
No Bio Available
Ms. Maria Wester
Director of Quality & HR
No Bio Available
Mr. Ola Haggfeldt
Chief Commercial Officer
No Bio Available
Henrik Wolf
Director of Production
No Bio Available

Contacts

Address
SODERMANLANDS
Nykoeping
Brukslagarvagen 5
Contacts
+46155205900.0
www.ctt.se