Quickstep Holdings Limited announced earnings results for the third quarter and nine months ended March 31, 2019. For the quarter, the company reported sales revenue of $16.5 million, up 13% compared to $14.6 million a year ago.

Sales for the nine months to the end of March 2019 of $50.4 million were 19% improved on the prior year.

The company's revenue will grow strongly over the remainder of fiscal year 2019 as it recovers from the extended key machine failure. JSF deliveries will continue to ramp up towards peak production volumes over the next 12 months. The group's revenue is expected to grow by more than 22% in fiscal year 2019, following a strong fourth quarter, and gross margins will improve year on year as the group benefits from economies of scale and increasing efficiencies. The group expects to deliver positive EBIT and positive NPAT for fiscal year 2019 as well as positive operating cash flow.