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    OVZON   SE0010948711

OVZON AB (PUBL)

(OVZON)
  Report
Delayed Nasdaq Stockholm  -  09:57 2022-08-19 am EDT
49.50 SEK   +2.70%
04:01aLink to the recorded webcast - Interim report, January-June 2022
AQ
08/18Interim report, January-June 2022
AQ
08/18Ovzon AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
CI
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Ovzon AB's CFO to leave the company at the end of September 2022

06/30/2022 | 05:59pm EDT

Ovzon is today announcing that the company's CFO Johan Brandt has decided to leave the company. A process to recruit a new CFO has been initiated. Johan Brandt, who has been Ovzon's CFO since 2018, will continue in his current role until end of September 2022.

"Johan has been an instrumental senior leader for Ovzon. He was instrumental in preparing the company for the IPO in 2018 and for taking company to the main market in 2021, creating the discipline to operate as a publicly listed company. He has supported the financing of Ovzon 3 and the development and commercialization of the business coupled with industrialization and Ovzon by driving smart agile processes for a scalable global business. I want to extend our heartfelt thank you to Johan for his contributions and wish him the best of luck in his future ventures" says Per Norén, CEO of Ovzon.

"I am grateful for having been part of this fantastic company, a great team and an exciting journey since 2018. Together we have taken many important steps building this company, I really look forward seeing the full potential of Ovzon's unique Satcom-as-a-Service when Ovzon 3 will be launched. It has not been an easy decision to leave this company, I wish the team all the best going forward. says Johan Brandt

For further information, please contact:
Per Norén, CEO, pno@ovzon.com, +1 206 931 7232

About Ovzon
Ovzon offers world-leading mobile satellite communications services, SATCOM-as-a-Service, to customers across the globe. The services combine high data speed with high mobility. Ovzon's SATCOM-as-a Service meets the growing demand for global connectivity for customers with high performance and security requirements such as Defense, Emergency Services, NGOs, Media and Commercial organizations. Ovzon was founded in 2006 and has offices in Stockholm, Sweden, Herndon, VA and Tampa, FL in the USA. Ovzon is listed on Nasdaq Stockholm Mid Cap. For more information visit www.ovzon.com.

https://news.cision.com/ovzon-ab/r/ovzon-ab-s-cfo-to-leave-the-company-at-the-end-of-september-2022,c3594802

https://mb.cision.com/Main/16962/3594802/1599692.pdf

(c) 2022 Cision. All rights reserved., source Press Releases - English

All news about OVZON AB (PUBL)
04:01aLink to the recorded webcast - Interim report, January-June 2022
AQ
08/18Interim report, January-June 2022
AQ
08/18Ovzon AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, ..
CI
08/18Ovzon AB Announces Sales Guidance for 2022
CI
08/11Invitation to Ovzon's webcast regarding the Interim report January-June 2022
AQ
08/02Ovzon Renews Order For SATCOM-as-a-Service With UK Defence Ministry
MT
08/02Ovzon receives 1.1 MUSD order from UK MoD for renewal of SATCOM-as-a-Service
AQ
08/02Ovzon Receives USD 1.1 million Order from UK MoD for Renewal of SATCOM-as-a-Service
CI
07/05Ovzon Secures Six-month Service Contract From Italy's Gomedia Satcom
MT
07/05Ovzon receives order from Gomedia Satcom and expands partnership for development of new..
AQ
More news
Financials
Sales 2021 183 M 17,5 M 17,5 M
Net income 2021 -68,2 M -6,52 M -6,52 M
Net cash 2021 104 M 9,98 M 9,98 M
P/E ratio 2021 -35,2x
Yield 2021 -
Capitalization 2 471 M 237 M 237 M
EV / Sales 2021 13,0x
EV / Sales 2022 8,37x
Nbr of Employees 36
Free-Float 88,0%
Chart OVZON AB (PUBL)
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Technical analysis trends OVZON AB (PUBL)
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 1
Last Close Price 48,20 SEK
Average target price 55,00 SEK
Spread / Average Target 14,1%
EPS Revisions
Managers and Directors
Per Norén Chief Executive Officer
Johan Brandt Chief Financial Officer & Secretary
Stig Magnus René Chairman
Kennet Lejnell Chief Technology Officer
Tom Hopkins Chief Operating Officer
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