MilDef’s departing CEO, Björn Karlsson, has sold 900,000 shares in the company. The reason for the sale is personal financial circumstances, among other things a divorce. In his coming role proposed by the nomination committee as chair of the board, Björn remains committed to MilDef for the long term. He has agreed to a 360-day…
DOUBLED SALES – STRONG ORDER INTAKE Financial development first quarter 2023 Net sales increased by 100% to SEK 283.2 million (141.3). The gross margin was 45% (47). Adjusted EBITDA amounted to SEK 34.0 million (6.3), equivalent to an adjusted operating margin of 12.0% (4.5). Operating profit (EBIT) amounted to SEK 21.7 million (0.2). Order intake…
MilDef’s Annual and Sustainability Report for 2022 has been published and is now available on MilDef’s website. On the website, a printed version of the report can be ordered, in Swedish and English. MilDef’s Annual and Sustainability Report for 2022 contains for instance developed information about: • MiDef’s vision and business model • MilDef’s…
MilDef, the nordic region’s leading supplier of tactical IT, software solutions and services, will publish its first quarter results for 2023 on May 5, 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 Björn Karlsson, CEO…
Shareholders of MilDef Group AB (publ) are hereby summoned to the Annual General Meeting (AGM) to be held at 4 p.m. CEST on Thursday, 25 May 2023 at the company’s premises on Muskötgatan 6 in Helsingborg, Sweden. REGISTRATION AND NOTIFICATION Shareholders who wish to participate in the AGM must firstly be registered in the share…
In connection with the delivery of replacement technology and modernization of a Swedish defense system, MilDef has been entrusted to deliver rugged computers, switches and displays. The order value amounts to SEK 69 million with deliveries in 2023-2025. MilDef’s agreement with a partner in the defense industry concerns the development and delivery of products for…
A £2.5m subcontract has been awarded to MilDef to supply Generic Vehicle Architecture (GVA) compliant Processors and Ethernet Switches for the British Army’s upgraded Challenger 3 Main Battle Tank (MBT). MilDef will manufacture the components at its UK facility in Cardiff, Wales. The company has invested heavily in the site by building an expanded manufacturing…
The Nomination Committee, consisting of Ulf Hedlundh (Svolder AB), Peter Lundkvist (Tredje AP-fonden), Marianne Trolle and Jan Andersson, Chair of the Board, has the following proposal for the Chair of the Board and other Board members for the Annual General Meeting of MilDef Group AB (publ) on 25 May 2023. The Nomination Committee proposes that:…
According to previous communication, MilDef’s CFO, Daniel Ljunggren, will take up the position of interim CEO as of May 26. After conducting an evaluation process, the Board of Directors today decided that this role will be permanent, and that Daniel Ljunggren will take up the position of CEO on May 26, 2023. ”The Board has…
STRONG SALES GROWTH DESPITE DELIVERY DELAYS Financial development fourth quarter 2022 Net sales increased by 57% to SEK 315.3 million (200.7). Gross margin amounted to 46% (46). Adjusted EBITDA amounted to SEK 43.4 million (34.6), equivalent to an adjusted operating margin of 13.8% (17.2). Operating profit (EBIT) amounted to SEK 31.5 million (28.2). Order intake…