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Rovsing Equipment

Rovsing Equipment

Rovsing has continued to support its Customers in H1 2020/21, as an important key provider on major ongoing missions such as Galileo 2nd Generation, Mars Sample Return, SMILE, PLATO, FLEX and ARTEMIS. With our team 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 based on the delivered performance and value. Showcased with new customers SITAEL for the PLATiNO programme and NASA-JPL in support of Mars Sample Return mission. The global supply chain pressure on the electronic component market continues to draw focus with price and lead-time increases, a situation which is expected to remain volatile in 2022. Until now the impact on ongoing projects has been kept to a minimum by the Rovsing team with utilization of existing stock, the Company secured earlier in 2021, as well as coupled with good cooperation with suppliers. Rovsing continues to seek ways to mitigate the situation with our supply chain and customers in the current volatile environment. Based on the H1 2021/22 performance, with the delayed Customer inputs, it is expected that the Company can recover the lost performance during H2, given no further delays. The outlook for 2021/22 is maintained with a revenue in the range of DKK 34 to 36 million, and an EBITDA in the range of DKK 3,5 to 4,5 million.

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About Rovsing Equipment

Founded

1992

Estimated Revenue

$1M-$10M

Employees

11-50

Funding / Mkt. Cap

$1M

Category

Industry

Defense & Space

Location

City

Skovlunde

State

Region Hovedstaden

Country

Denmark

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