FINANCES

BECOMING A GLOBAL LEADER

 
577

Employees

1001MSEK

Net sales 2020

-5MSEK

Operating income 2020

FINANCIAL SUMMARY JANUARY - DECEMBER 2020

The revenues amounted to 1 bn. SEK, which was a decrease of -1% adjusted for currency effects. The decrease was related to COVID impact in the division Science Services.

The EBIT margin was 0% compared to 3% previous year.

Return on operating capital amounted to -0.7%, which was below the long term target of >6%.

 20202019

Net Sales

1001 MSEK

1013 MSEK

Operating income

-5 MSEK

30 MSEK

Profit after tax

-31 MSEK

10 MSEK

Summary 2020

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We offer proven expertise in the development of satellite subsystems as well as in satellite communication and operations. We develop rocket systems and experiment payloads, and we launch sounding rockets and high-altitude balloons.