Interim Report Q1, 2017
Strengthened Market Presence and Advancements of The Organization Foster Solid Means for Long-term Growth
A key element of JLT’s growth strategy is to expand our market presence, cultivate new and existing customers, as well as business opportunities. Accordingly, we have now initiated our most ambitious marketing strategy to date. In March and April JLT participated in four major international trade shows, showcasing JLT’s leading products at SITL in Paris, NAVIS World in San Francisco, ProMat in Chicago and represented by our German sales partner at LogiMat in Stuttgart. We are also continuing to expand globally by recruiting additional partners to our international reseller network. We signed agreements with five new partners during the period, which was announced in April (Press release here).
In addition to our day-to-day sales, our sales also comprise a limited number of major orders, causing our order intake to vary from quarter to quarter. The first quarter of last year comprised three major transactions to be delivered throughout all of 2016, which has affected the comparison with the order intake for the first quarter of this year. A lower closing order backlog for the quarter of MSEK 11 (28) will affect deliveries and invoicing during the second quarter of this year compared with the second quarter of last year.
By strengthening our market presence and advancing our organization, we continue to foster solid means for long-term growth.
Per Holmberg, CEO
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