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Annual General Meeting and strengthened Board of Directors
Globenewswire· 2025-10-21 15:11
Core Insights - Rovsing A/S has successfully completed its turnaround and is entering a new phase of accelerated growth, focusing on sustained organic growth and global expansion into high-potential markets [3][5] - The company is reinforcing its Board of Directors with the addition of two new members, which will support its growth ambitions through a selective buy-and-build strategy [1][3] Company Strategy - Rovsing aims to maintain leadership in the Space & Defense industry by providing innovative test and simulation products, systems, and services [2][12] - The strategy includes a focused buy-and-build approach to enhance core capabilities in space testing and explore new opportunities in adjacent Defense verticals [6][12] - The company is committed to investing in R&D, AI/ML integration, and resilient supply chains to meet evolving market needs [4] International Expansion - Rovsing is scaling its operations internationally, particularly in the USA, Middle East, and APAC, by adapting offerings to local demands and forming strategic partnerships [5][12] - The goal is to replicate European success and establish a recognized global presence in the Space & Defense markets [5] Customer-Centric Approach - The company emphasizes agility and customer-centric innovation, delivering tailored solutions with speed and precision to build long-term customer trust [7] - Rovsing's reputation is built on its ability to respond to client needs effectively, which is crucial for maintaining relationships with space agencies and large-scale integrators [7] Workforce and Culture - The knowledge and commitment of Rovsing's employees are central to its success, with a focus on fostering an agile, inclusive, and innovative culture [8] - Investing in talent is seen as key to driving innovation and securing long-term success [8] Sustainable Growth - Rovsing is positioned for sustainable growth through a combination of organic development and strategic acquisitions, supported by a solid order backlog and a growing international pipeline [9] - The company aims to ensure transparent engagement with stakeholders to build long-term trust [9] Future Priorities - Rovsing's future strategy is defined by three priorities: maintaining leadership in Europe, accelerating growth through buy-and-build, and expanding globally [10][12]
Rovsing A/S releases its Annual Report 2024/25
Globenewswire· 2025-09-16 08:36
Core Insights - Rovsing is entering a stabilization year for 2024/25, maintaining activity levels similar to the previous year, which saw a 39% year-over-year revenue growth [4] - The order backlog as of June 30, 2025, is DKK 39.7 million, up from DKK 38.8 million in 2023/24, with a significant increase in order intake to DKK 37.8 million from DKK 10.3 million [4] - Revenue for 2024/25 is reported at DKK 37.0 million, a decrease of 5.7% from DKK 39.3 million in 2023/24, while EBITDA decreased to DKK 1.3 million from DKK 2.9 million, impacted by one-time effects from project replanning [4] Strategy and Growth - The company aims to accelerate global growth in the Space and Defense segments, leveraging its strong positions in ESA and EU space programs while pursuing a selective buy-and-build strategy [4][6] - Rovsing is focusing on organic growth, strategic acquisitions, and customer-driven innovation to broaden market reach and deliver sustainable long-term value [4][12] - A fully subscribed directed share issue is planned to provide additional financing for strategic ambitions and investments in buy-and-build targets during 2026 [4] Market Position and Expansion - Rovsing is recognized as a key agile high-tech SME in the Space & Defense industry, with a strong track record in major ESA and EU space programs [5][7] - The company is expanding its international presence in the USA, Middle East, and APAC, adapting offerings to local demands and forming strategic partnerships [8] - The buy-and-build strategy is aimed at enhancing core capabilities in space testing and opening new opportunities in adjacent Defense verticals [9] Innovation and Culture - Rovsing emphasizes agility and customer-centric innovation, delivering tailored solutions that foster long-term customer trust [10] - The company values its employees' knowledge and commitment, focusing on an inclusive and innovative culture to drive growth [11] - Sustainable growth is supported by a solid order backlog and a growing international pipeline, ensuring alignment with customers and stakeholders [12] Future Outlook - The revenue outlook for 2025/26 is projected to be between DKK 37.0 million and DKK 41.0 million, with a positive EBITDA expected in the range of DKK 1.0 to 3.0 million [4] - Rovsing's future priorities include maintaining leadership in Europe and expanding its role as a leading systems house with global reach [13][14]