CTT Systems AB operates in the Aircraft parts and equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares CTT Systems AB with three other
aircraft manufacturers in Europe:
Danish Aerospace Company A/S
of DENMARK
(2019
sales of 21.94 million Danish Kroner [US$3.33 million]
),
Sogeclair
of FRANCE
(184.97 million Euros [US$209.24 million]
of which 80%
was Aerospace), and
IAR Sa
which is
based in ROMANIA
(365.81 million Romanian Leu [US$85.49 million]
).
Sales Analysis.
CTT Systems AB reported sales of SEK 354.90 million (US$38.36 million)
for the
year ending
December of 2019.
This
represents
an
increase of 12.6%
versus 2018, when the company's sales were SEK 315.30 million.
Sales at CTT Systems AB have increased during each of the previous five years
(and since 2014, sales have increased a total of 82%).
Sales of Aftermarket saw an increase
that was more than double the company's growth rate: sales were up
33.5% in 2019, from
SEK 101.80 million to SEK 135.90 million.
CTT Systems AB also saw significant increases in sales in
Oem (up 32.1% to SEK 166.40 million)
.
Not all segments of CTT Systems AB experienced an increase in sales in 2019:
sales of Retrofit fell 67.6% to SEK 9.60 million.
CTT Systems AB also experienced decreases in sales in
Other (down 22.4% to SEK 17.30 million)
.