As a result of MilDef’s financial development, market conditions and future prospects, the company’s Board of Directors is changing the profitability target. The current EBITDA target of at least 10% is replaced by an EBITA target of at least 15% per year over time. The reason for the change from EBITDA to EBITA is to…
MilDef continues its long-standing collaboration with the Norwegian Defence Materiel Agency (NDMA) and has now been entrusted with the delivery of 900 rugged computers for the modernization of Norway’s existing fleet of CV90 combat vehicles. The order value amounts to SEK 72 million and deliveries will take place in 2025. The order is part of…
Following the 10-year framework agreement with BAE Systems Bofors signed in February and the order of SEK 52 million communicated in April, another additional order has been signed for IT equipment for the Archer artillery system. The orders include computers and switches worth SEK 18 million. Deliveries will start in 2024. The orders now won…
Via the acquisition of certain assets of Advanced Vision Technologies Ltd (AVT), MilDef has now been entrusted to deliver intelligent and rugged displays to key European land vehicle programmes. Deliveries will take place 2024-2029 and order value amounts to approximately 135 MSEK. In 2020, MilDef won a framework agreement to deliver hardware, e.g. computers, switches,…
MilDef now opens for sign up to the previously announced Capital Markets Day, held on September 17th. Representatives from MilDef’s Group Management, headed by President and CEO Daniel Ljunggren, will present MilDef’s development and strategies for continued growth. Sign up is made at link below, no later than September 3. The Capital Markets Day will…
STRONG ORDER INTAKE AND CONTINUED CASH FLOW IMPROVEMENT Financial development second quarter 2024 Net sales increased by 4% to SEK 302 million (289). The gross margin was 51.1% (50.1). Adjusted EBITDA amounted to SEK 53.6 million (47.7), equivalent to an adjusted operating margin of 17.8% (16.5). Operating profit (EBIT) amounted to SEK 34.1 million (33.6),…
MilDef, a leading supplier of tactical IT, software solutions and services, will publish its second quarter report 2024 on July 25, 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 Viveca…
MilDef has decided to recruit Magnus Hagman as Vice President Nordics. Magnus has both a solid industry experience and a well-documented expertise in internationall business development and sales. He comes most recently from a role as Head of Sales and Marketing at Carmenta, where he has been active since 2022. Prior, Magnus was employed in…
To meet growing demand for integration services in the Swedish market, MilDef is expanding its premises capacity in the Stockholm region. The construction of a new business-adapted property with over 6,000 square meters of office and production space quadruples MilDef’s capacity in integration services and opens up for larger assignments. Construction is expected to start…
MilDef invites to a Capital Markets Day for investors, analysts and media, on September 17. The program starts at 9.00 am at At Six in Stockholm and ends with lunch at 12 noon. Representatives from MilDef’s Corporate Management team, headed by President and CEO Daniel Ljunggren, will present MilDef’s development and strategies for continued growth….