Jetpak Top Holding AB Reports Earnings Results for the First Quarter Ended March 31, 2022
May 24, 2022 at 12:30 am EDT
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Jetpak Top Holding AB (publ) reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was SEK 291.69 million compared to SEK 241.96 million a year ago. Revenue was SEK 299.11 million compared to SEK 250.43 million a year ago. Net income was SEK 21.58 million compared to SEK 14.42 million a year ago. Basic earnings per share from continuing operations was SEK 1.8 compared to SEK 1.2 a year ago. Diluted earnings per share from continuing operations was SEK 1.78 compared to SEK 1.19 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 
