Based on the preliminary data, in Q2 2021 HansaMatrix consolidated revenue amounted to 5.98 million EUR demonstrating 13.1% increase compared to Q2 2020. The increase in revenue is explained by the growing customer demand in data networks and other product sector in Baltic and Nordic countries.

The business growth is negatively influenced by constrained supply chain in electronics manufacturing, explained by the growth in upstream demand in data networks, automotive, medicine and IoT business sectors driven by COVID-19 pandemic global outbreak and affecting HansaMatrix business with increasing component prices and longer lead-times.

Investor and media contact:

Māris Macijevskis, CFA

Member of the Management Board, finance director
Phone: (+371) 6780 0002

E-mail: invest@hansamatrix.com

http://www.hansamatrix.com

About HansaMatrix 

HansaMatrix is a fast-growing, high-technology company operating in the Baltic, Nordic and European markets, developing and industrializing electronic products and systems, providing a full range of manufacturing services in data networking, Internet of Things, industrial systems and other high value-added product business sectors.