Strong first quarter for CybAero

Sweden´s First North-listed CybAero notes a strong first quarter 2013, with orders of over 23 million SEK. First quarter sales amounted to 9.7 million SEK, primarily due to contracts signed with AeroVironment in November 2012 and in March 2013. The March contract includes an order for helicopters which AeroVironment will use in its operations for customers. End of quarter backlog amounted to just over 22 million SEK.

“We are very pleased with how the quarter has developed and we expect to continue to show the potential of the market” says CybAero CEO Leif Erlandsson. CybAero’s financial reporting to the market is based mainly on semi-annual and annual reports.

In the future the company will add a brief order, sales and backlog report for the latest quarter.

A semi–‐annual Report will be submized on the 23rd of August 2013 and the year-‐end Report on the 21st of February, 2014 for the 2013 fiscal year.