A STRONG END TO A STRONG YEAR Financial development fourth quarter 2023 Net sales increased by 12% to SEK 353 million (315). The gross margin was 48.2% (45.8). Adjusted EBITDA amounted to SEK 59.8 million (43.4), equivalent to an adjusted operating margin of 17.0% (13.8). Operating profit (EBIT) amounted to SEK 41.4 million (31.5), corresponding…
MilDef today announces a memorandum of understanding (MoU) with Lockheed Martin (NYSE: LMT) to strengthen aerospace collaboration through Lockheed Martin’s C-130J-30 Super Hercules tactical airlifter offering for the Swedish Air Force (SwAF). Through this partnership, the two organizations will identify partnership opportunities where MilDef solutions and expertise can be integrated into Lockheed Martin’s global aerospace…
MilDef, a leading supplier of tactical IT, software solutions and services, will publish its year-end and fourth quarter report 2023 on February 8, at 08:00 am CET. A conference (on Teams) for investors, analysts and media will be held at 10.00-10.45 CET that same day. The report will be presented by Daniel Ljunggren, CEO and…
Clavister, a leader in European cyber security for mission-critical applications, has ordered MilDef’s hardware to a value of 97 MSEK. The order follows a previous prototype order for customized and robust network equipment. The product is part of Clavister Cyber Armour, an integrated cyber security system for defense platforms. Deliveries will take place 2024-2029. Clavister…
MilDef has signed a number of new contracts with FMV for ruggedized IT equipment for the Swedish Armed Forces. These include products such as computers, laptops and network equipment. The value of the deliveries, taking place in 2024, amounts to a total of SEK 45 million. The Swedish Defence Materiel Administration (FMV) procures, develops and…
MilDef’s fully owned subsidiary Handheld has signed an agreement for the delivery of ruggedized tablets in the Algiz RT10 series to Makin, an international supplier of machine control. The agreement extends over five years and the total order value amounts to 67 MSEK. Handheld’s Algiz RT10 is a ruggedized 10-inch Android tablet designed to work…
MilDef Group AB’s Nomination Committee consists of the following members: Johan Ståhl, appointed by Svolder AB (publ), Chair of the Nomination Committee Peter Lundkvist, appointed by Tredje AP-fonden Marianne Trolle, representing her own ownership in MilDef Björn Karlsson, Chair of the Board in MilDef Information about the Nomination Committee’s work is available on MilDef’s website…
MilDef has won an order to deliver newly developed hardware to an unnamed European NATO nation. At the same time, MilDef has been entrusted to deliver tactical IT to new strategic projects in both land and air defense, in this nation. The order is a call-off on the current framework agreement and an effect of…
SHARPLY IMPROVED PROFITABILITY FOR THE FIRST NINE MONTHS Financial development Q3 2023 Net sales increased by 38% to SEK 226.5 million (163.7). The gross margin was 50% (51). Adjusted EBITDA amounted to SEK 26.5 million (19.9), equivalent to an adjusted operating margin of 11.7% (12.2). Operating profit (EBIT) amounted to SEK 11.4 million (12.5), corresponding…
MilDef, a leading supplier of tactical IT, software solutions and services, will publish its third quarter results for 2023 on October 26, at 08:00 am CET. A conference (on Teams) for investors, analysts and media will be held at 10.00-10.45 CET that same day. The report will be presented by Daniel Ljunggren, CEO and CFO…