OM:MILDEFAerospace & Defense
MilDef Group (OM:MILDEF) Losses Worsen 58.8% Annually, Challenging Bullish Path to Profitability
MilDef Group (OM:MILDEF) reported another unprofitable year, with losses worsening at a pace of 58.8% per year over the last five years. Looking ahead, forecasts point to a turnaround, with earnings expected to grow 38.78% annually and a return to profitability projected within three years. Revenue is set to rise fast at 22.4% per year, leaving the company outpacing the Swedish market's 3.6% annual growth rate. Despite these upsides, the Price-to-Sales Ratio stands at 6.4x, making shares look...