Annual Report 2020
Report by the Board of Directors
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Outlook for 2021

The world-wide new Covid-19 pandemic (SARS-CoV-2) significantly affects the global economy and market situation. The prevailing uncertainties in the markets cause weak visibility to the market situation.

Bittium expects the net sales in 2021 to grow from the previous year (EUR 78.4 million in 2020) and the operating result to improve from the previous year (EUR 2.1 million in 2020).

More information about Bittium´s market outlook is presented in this report in the section “Market outlook´.

More information about other uncertainties regarding the outlook is presented in this report in the section “Risks and uncertainties´ and on the company´s website at www.bittium.com.