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An announcement from MilDef Group AB ( (SE:MILDEF) ) is now available.
MilDef reported a strong first quarter of 2026, with order intake soaring 169% to SEK 1,085 million and net sales more than doubling to SEK 708 million, driven by both robust organic growth and contributions from acquisitions. The order backlog climbed 46% to SEK 4,051 million, while adjusted EBITA jumped to SEK 121.6 million and free cash flow swung to SEK 159 million, underscoring improved profitability and capital efficiency.
Despite a lower reported gross margin due to the acquisition of roda, MilDef’s underlying margin excluding this effect was significantly higher, highlighting the quality of its core operations. To meet continued high demand, the company is expanding its Helsingborg headquarters and production facilities by 6,000 square meters, a move that should strengthen future delivery capacity and consolidate its position in the growing defense technology market.
More about MilDef Group AB
MilDef Group AB operates in the defense technology sector, supplying ruggedized IT hardware, communication systems and related services tailored for military and other mission-critical applications. The company focuses on secure, high-reliability solutions for defense customers, where rising geopolitical tensions and modernization programs are driving sustained demand for its products and systems.
Average Trading Volume: 370,026
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK8.15B
Find detailed analytics on MILDEF stock on TipRanks’ Stock Analysis page.