Rovsing A/S releases its Annual Report 2022/23
19 9월 2023 - 3:12PM
Rovsing A/S releases its Annual Report 2022/23
Rovsing A/S releases its Annual Report
2022/23The
Board of Directors of Rovsing A/S (Rovsing) has today approved the
Annual Report for the financial year 2022/23.Highlights of
the financial year
- The financial year 2022/23 was in
line with the adjusted guided expectations (Announcement no. 344),
with a revenue amounting to DKK 28,3 million, compared to a revenue
of DKK 27,0 million in 2021/22.
- The EBITDA amounts to DKK 1,0
million, compared to DKK 1,1 million in 2021/22.
- The H1 2022/23 revenues and EBITDA
were negatively impacted by programme delays, impacting the
realised performance in 2022/23. Furthermore, supply chain prices
remained volatile throughout the financial year.
- The current order backlog is at a
high level of DKK 65,7 million (2021/22 DKK 31,1 million), with an
order intake in 2022/23 of DKK 59,5 million (2021/22 DKK 11,2
million). The current order backlog is diverse, ranging across
several different missions and customers in both institutional,
commercial and military space. A higher number of parallel
projects, with many kicked-off late in 2022/23, provides a positive
operational outlook and robustness against external factors moving
forward.
- In order to realise the backlog,
Rovsing has expanded the organization with additional resources
towards the end of 2022/23 and will continue to scale up as needed
to meet expectations. Given the growth perspectives, the Company
for the moment is exploring various options to strengthen its
capital structure.
- Our team has supported a wide range
of customers during 2022/23, delivering test- and simulation
systems, individual products, software solutions, ISVV and on-site
engineering services. The market position of Rovsing within the
segment has been further strengthened by new contracts from a
diverse range of customers such as Airbus DS, Thales Alenia Space,
Astroscale, EUMETSAT and Jena-Optronik in support of missions such
as CIMR, ROSE-L, CRISTAL, LSTM, Mars Sample Return, ELSA-M, FLEX,
FORUM and ARIEL.
- Based on the strong order backlog
and continued positive development in the Space Industry, the
revenue outlook for 2022/23 is expected to be in the range of DKK
37,0 to 41,0 million, with a positive EBITDA in the range of DKK
3,5 to 4,5 million.
Further information:Hjalti Pall
Thorvardarson, CEO. Tel. +45 53 39 18 88. Email: hpt@rovsing.dk
- Announcement348_Annual Report 2022-23
- ROVSING Annual Report 2022-2023_Final
- ROVSING Annual Report 2022-2023_Final
Rovsing A/s (LSE:0Q51)
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Rovsing A/s (LSE:0Q51)
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