– We are not happy with the end result that was worse than we had expected earlier, but we are pleased that sales are growing at a good pace. It is mixed, you might say, say Fingerprints Acting CEO Jorgen Lantto.
Operating profit landed at -30 million in the fourth quarter and -144 million for the full year 2014. Sales rose 95-234 million in last year.
Jorgen Lantto went up as CEO of Fingerprint under dramatic circumstances when the president Johan Carlstrom been detained one day, suspected of serious insider dealing and police made an acclaimed raided the company’s headquarters in Gothenburg. The preliminary investigation is today at the Economic Crimes Bureau in Stockholm.
– The turbulence was there, but we who work in the company focuses on pushing it forward and sell the technology to customers. Our job is to focus on that and not on the turmoil around, says Jörgen Lantto.
Do customers shrunk because of criminal suspicions?
– We has previously announced that it will not affect our business. Customers choose to work with us because we have the products they want. We have not seen any effect.
not long ago as Fingerprint communicated to the market that sales in 2014 would land at 500 million. But well into the autumn, the company realized that it would be impossible to reach. With Thursday’s closing report said CEO Jorgen Lantto that this year’s sales forecast is on a billion.
Fingerprint had to change its forecast for 2014 due, according to Jorgen Lantto that customers pushed forward their phone launches.
– In the phase we were in 2014, we worked with a few models that made an effect of deferred launches impacted more. Now this year we are working with more products and more customers and then the effect of a delay much smaller, says CEO and continues:
– We are not spåmänniskor. We can only give our best estimate and we stand for. We have tried to explain in the context of the report why we insist on the forecast for 2015, there are more customers and more products.
Next Week begins the Mobile World Congress. Already on Sunday is expected to Samsung release its new flag cap model Galaxy S6, a phone that according to preliminary speculations can make use of fingerprint technology of touch model.
A few hours after the announced closing announced Fingerprint Cards them to show off their new touch sensor during Mobile World Congress in Barcelona. The sensor is adapted to be placed on the side of the mobile phone. Shares rushed on the Stockholm Stock Exchange immediately after the announcement.
What do you think we will see during the Mobile World?
– We have many customers that will launch products on immediate future, but it is seldom tell us exactly when a particular product will be launched. We do not always have the clear picture. In general, one can say that many of telephone providers do not launch during the Mobile World because it is overshadowed by the launch from major vendors such as Samsung, so when they do it at another time.
Newly elected Fingerprint turning down the number of press releases about the so-called design wins, since it does not involve a guaranteed launch.
– We have many products that will be released in the near future, and few are those that we believe would have been released before, says Lantto.
Fingerprint is not the only company in the Swedish biometrics scene. Precise Biometrics rose sharply on the Stockholm Stock Exchange during the autumn of 2013, but fell back as quickly. The stock has now fallen 25 percent since the end of 2013/14. As with Fingerprint can also Precise loss. Full-year earnings landed at -44 million and also sales fell to 31 from 34 million.
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