Year-End Report January – December 2022
STRONG SALES GROWTH DESPITE DELIVERY DELAYS
Invitation to presentation of MilDef´s year-end and fourth quarter report 2022, on February 9
MilDef, the nordic region’s leading supplier of tactical IT, software solutions and services, will publish its year-end and fourth quarter results for 2022 on February 9, at 08:00 am CET.
MilDef wins SEK 50 million order for prototypes to digitalize an army
In August 2022, MilDef announced a 20-year framework agreement worth SEK 2.8 billion, with an unnamed defense force of a European NATO country. Now the first order has been placed for the contract to help digitalize the country’s army. The order value in this initial contract is approximately MSEK 50 with deliveries over the period 2023-2024.
MilDef opens subsidiary in Denmark for accelerated expansion
To further strengthen MilDef’s position in Denmark, MilDef Denmark is now established. The subsidiary will be headed by Claus Larsen, most recently Country Manager for Atos Denmark, specialized in defense and security and with 20 years of service as a reserve officer.
MilDef announces delivery delays in the fourth quarter
As previously communicated, there are timing issues in the supply chain, mainly of semiconductor components, for MilDef’s hardware portfolio. In the fourth quarter, approximately SEK 60-70 million of the order book with delivery planned for the current quarter is expected to be moved to Q1 and Q2 2023. No business will be lost, but revenue and profit will be negatively impacted in the fourth quarter and positively impacted in the first half of 2023.