STRONG FIRST QUARTER, MAJOR IMPROVEMENT IN MARKET OUTLOOK Financial development Q1 2022 Net sales increased by 177% to SEK 141.3 million (51.0). Gross margin amounted to 47% (34). Adjusted EBITDA amounted to SEK 6.3 million (-14.8), equivalent to an adjusted operating margin of 4.5% (-29.0). Operating profit (EBIT) amounted to SEK 0.2 million (-22.9) including…
MilDef’s Annual Report for 2021 has been published and is now available on MilDef’s website. On the website, a printed version of the Annual Report can be ordered, in Swedish and English. MilDef’s Annual Report for 2021 contains for instance developed information about: • MiDef’s vision and business model • MilDef’s role in digitizing…
MilDef, the nordic region’s leading supplier of tactical IT, software solutions and services, will publish its first quarter results for 2022 on April 28, at 08:00 am CET. A conference (on Teams) for investors, analysts and media will be held at 10.00-10.45 CET (new time) that same day. The report will be presented by Björn…
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, 12 May 2022 at the company’s premises on Muskötgatan 6 in Helsingborg, Sweden. A. REGISTRATION AND NOTIFICATION Shareholders who wish to participate in the AGM must firstly be registered in the…
MilDef has won a new, major contract within the framework of the existing agreement regarding the integration of tactical IT to the Swedish Armed Forces. The value of the system integration is SEK 25 million, of which SEK 15 million will be delivered in 2022 and the remainder in 2023. The Swedish Defence Materiel Administration,…
Challenging fourth quarter, continued positive market outlook Financial development Q4 2021 (October-December) Net sales decreased by 22% to SEK 200.7 million (257.7). Previously communicated delivery delays due to current component shortages have had a negative impact on the company’s net sales. The estimation is that net sales of approximately SEK 50 million have been postponed…
MilDef, the nordic region’s leading supplier of tactical IT, software solutions and services, will publish its year-end and fourth quarter results for 2021 on February 10, at 08:00 am CET. A conference (on Teams) for investors, analysts and media will be held at 11.00-11.45 (CET) that same day. The report will be presented by Björn…
To further strengthen MilDef’s position in the Nordic market, MilDef Oy, MilDef’s first subsidiary establishment in Finland, is now launched. The subsidiary will be led by Eero Valkola, a merited Colonel and previous Inspector of Signals within the Finnish Armed Forces, where he was responsible for development, training, and readiness of Army C4-systems, as part…
BAE Systems Hägglunds, a world-leading developer and supplier of tracked vehicles for defence and emergency services, has given MilDef the confidence to deliver communications equipment with a total order value of SEK 18 million. Deliveries will take place starting in 2022. MilDef’s delivery of communication equipment to BAE Systems Hägglunds concerns technology for enhanced cyber…
With the aim to strengthen MilDef Sweden and the integration company Defcon Solutions acquired in 2021, MilDef Business Unit Sweden is now launched. This coordinates the business both in relation to government and corporate customers on the Swedish market and maximizes synergies between products, services and digitalization. As MilDef expands both organically as well as…