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Profoto sees big drop in quarter 3 sales Earnings reports News 

Profoto sees big drop in quarter 3 sales

GaryPageau 0 comment
Swedish lighting equipment manufacturer Profoto Holding AG announced third-quarter net sales from July to September dropped 26.8 percent SEK 235 to SEK 172m (235). Organic growth totaled -28.7 percent and the currency effect 1.9 percent.  Net income was SEK 27 million compared to SEK 54 million a year ago. Basic earnings per share from continuing operations was SEK 0.67 compared... Read More
Profoto’s first-quarter sales up 16.5 percent; organic growth flat News 

Profoto’s first-quarter sales up 16.5 percent; organic growth flat

GaryPageau
Swedish lighting company Profoto said first-quarter net sales totaled SEK 229 million (compared to 196 million), an increase of 16.5 percent. Organic growth totaled 0.0 percent, the currency effect was 7.3 percent, and the effect of acquisitions was 9.1 percent. Key ratios, Group Jan–Mar 2023 Jan–Mar 2022 Apr 2022– Mar 2023 Full year 2022 Net sales, SEKm 229 196 880... Read More
Profoto reports 2022 sale increase nearly 16 percent Earnings reports 

Profoto reports 2022 sale increase nearly 16 percent

GaryPageau
Swedish lighting manufacturer Profoto reported improved profits and sales for the fourth quarter and full-year 2022. The company said Profoto’s fourth quarter was characterized by weak demand and cautious customers, although profitability was good. Sales totaled SEK 230 million, representing 6-percent growth compared to the corresponding quarter in the previous year. For the full year 2022, the corresponding figures were... Read More
Profoto Connect Pro compatible with the Leica SL System New Products 

Profoto Connect Pro compatible with the Leica SL System

GaryPageau
Leica Camera announces Leica SL-System compatibility with Profoto’s Connect Pro flash control, providing photographers full control when adjusting the balance between ambient light and flash, on set or on location. The Profoto Connect Pro serves as a remote control and central hub between camera and flash units. It is connected to the camera via the hot shoe and is ready for use at... Read More
Profoto reports third-quarter sales up 24 percent Earnings reports News 

Profoto reports third-quarter sales up 24 percent

GaryPageau
Profoto Holding AB reported third-quarter sales of SEK 235 million, representing growth of 24 percent compared to the corresponding quarter last year. Organic sales growth totaled 6.5 percent for the quarter and 5.1 percent for the year, the company said, adding the component delivery issues reported for the second quarter have been resolved. Year-to-date sales are SEK 618 million, an... Read More
Profoto shows improved results, impacts of component shortages Earnings reports News 

Profoto shows improved results, impacts of component shortages

GaryPageau
Swedish lighting company Profoto Holding AB reports net sales for the second quarter ending June 2022i, totaled SEK 187 million, compared to SEK 172 million last year, an increase of 8.6 percent. But organic growth, adjusted for currency effects, was -12.7 percent. For the first six months of the year, Profoto registered net sales totaled SEK 383 million, compared to... Read More
Profoto Holding reports first-quarter sales up 28% Earnings reports News 

Profoto Holding reports first-quarter sales up 28%

GaryPageau
Profoto Holding AB reported first-quarter sales increased 28.3 percent to SEK 196m (153); adjusted for currency effects, net sales increased by 20.2 percent. Profit for the period increased to SEK 40m (31).   Performance measures Group Jan–Mar 2022 Jan–Mar 2021 Apr 2021–Mar 2022 Full year 2021 Net sales, SEKm 196 153 776 732 Net sales (Pro forma)*, SEKm 220 173... Read More
Profoto acquires StyleShoots for EUR 18 million Acquisitions News 

Profoto acquires StyleShoots for EUR 18 million

GaryPageau ,
As part of its strategy to expand in the fast-growing market for automated e-commerce photography, Profoto Holding AB acquired StyleShoots Holding B.V. for a purchase price of EUR 18 million (SEK 186* million) in cash. StyleShoots is a company offering all-in-one solutions for e-commerce photography in the fashion area, with 41 employees and with headquarters in Haarlem, The Netherlands. The... Read More
Profoto reports fourth quarter sales up nearly 26 percent Earnings reports 

Profoto reports fourth quarter sales up nearly 26 percent

GaryPageau
Stockholm-based lighting company Profoto reported fourth-quarter sales increased 25.7 percent to SEK 218 millin. Adjusted for currency effects, net sales increased by 24.3 percent. EBIT amounted to SEK 79m (46) and the EBIT margin to 36.1 percent (26.6). For the year, net sales increased to SEK 732 million, up 38.6 percent. Adjusted for currency effects, net sales increased by 44.1... Read More
Profoto reports third-quarter sales up 50.4% Earnings reports 

Profoto reports third-quarter sales up 50.4%

GaryPageau
Stockholm-based lighting equipment maker Profoto Holding AB reported third-quarter net sales increased to SEK 189m (126), an increase of 50.4 percent. Adjusted for currency effects, net sales increased by 52.8 percent. For the nine months ending in September, net sales increased to SEK 514m (355), an increase of 44.9 percent. Adjusted for currency effects, net sales increased by 54.3 percent. “The... Read More
Profoto debuts Profoto B10X and B10X Plus lights New Products 

Profoto debuts Profoto B10X and B10X Plus lights

GaryPageau
Profoto introduced Profoto B10X and B10X Plus portable battery-powered strobe lights for photo and video. The lights are updates to the two-year-old B10 and B10 Plus lights, adding more power and new features. The continuous light output was increased 30% from 2500 lumen to 3250 lumens and the recycling speed is faster than the predecessors, the company said. The Profoto B10X... Read More
Profoto reports second quarter net sales up 113% Earnings reports News 

Profoto reports second quarter net sales up 113%

GaryPageau
Stockholm-based lighting products maker Profoto Holding AB reported second-quarter net sales increased to SEK 172m, an increase of 113.3 percent. (Adjusted for currency effects, net sales increased by 131.3 percent.) For six months ending June 2021, net sales increased to SEK 325m, an increase of 42.0 percent. (Adjusted for currency effects, net sales increased by 55.2 percent.) The company’s first trading... Read More
Light-shaping company Profoto goes public Earnings reports News 

Light-shaping company Profoto goes public

GaryPageau
Longtime lighting company Profoto Holding AB went public on the NASDAQ in Stockholm July 1, under the ticker symbol “PRFO.” Profoto shares are offered to the public in Sweden and to institutional investors in Sweden and abroad. After a day of trading, the stock closed at 84 kr ($9.8 per share). With 40,000,000 shares outstanding, put Profoto’s market capitalization at... Read More
Profoto announces A10 Studio Light With Built-In AirX Technology News 

Profoto announces A10 Studio Light With Built-In AirX Technology

GaryPageau ,
B&H Photo released the Profoto’s A10 Studio Light, which introduces AirX technology to its round-headed flashes for smartphone control. The A10 is available for Canon, Nikon, FUJIFILM, and Sony TTL systems, and each brand-specific model is also available as a bundle with its respective Profoto Connect Wireless Transmitter providing AirTTL and HSS functionality when shooting with the light off-camera. The... Read More