FlexQube doubled up on sales in Q1

Despite the troubling times with COVID-19, FlexQube has had a strong first-quarter performance. FlexQube finished the final quarter of 2019 with a high, and we were able to bring this into 2020 as well. Our sales increased by 102% compared to a year ago, and order intake grew by 56% when compared to the first quarter in 2019.

March 2020 was the best sales month for the company of all time, and order intake in April grew by 11%.

Throughout these times, FlexQube has strived to ensure that we can deliver products and provide full support to our customers. Both operation centers in Europe and the USA have been able to stay open during the Corona crisis. To keep these centers fully operational, we have ensured that social distancing and sanitization practices are reinforced by all employees and visitors to the centers.

“We have been fully committed to fulfilling our customers’ orders while ensuring we practice safety precautions that will keep our employees and customers safe. We are thrilled that we have been able to show growth in times like this when growth isn’t always evident,” comments CEO Anders Fogelberg.

FlexQube expanded the customer portfolio with 215 new customers in 2019, and we continue to grow to new markets and industries.

You can find the presentation for Q1, 2020 and the summary for 2019 through the link below:

https://www.flexqube.com/uploads/d/33/flexqube-annual-meeting-presentation-2020-final.pdf