Shape Robotics realize growing sales in Q1 and maintains the full year financial guidance
Company Announcement No. 26-2021Copenhagen, April 5, 2021 Shape Robotics realized sales in Q1 2021 for MDKK 2.15, compared to MDKK 2.00 in Q1 2020, a growth of more than 7% despite continued covid-19 lock-downs in most of the Company’s main markets. The revenue came mainly from danish customers (40%) and the rest was export, mostly to some of the Company’s other main markets in UK, Russia and The Netherlands. The contribution margin for Q1 2021 is expected to improve from 46% in Q1 2020 to a range of 48-50% in Q1 2021. The Company maintains the expectations for the full year