MilDef Group Management
Management criteria checks 2/4
MilDef Group's CEO is Daniel Ljunggren, appointed in May 2023, has a tenure of 1.67 years. total yearly compensation is SEK1.65M, comprised of 76.2% salary and 23.8% bonuses, including company stock and options. directly owns 3.99% of the company’s shares, worth SEK199.78M. The average tenure of the management team and the board of directors is 1.7 years and 6 years respectively.
Key information
Daniel Ljunggren
Chief executive officer
SEK 1.7m
Total compensation
| CEO salary percentage | 76.2% |
| CEO tenure | 1.7yrs |
| CEO ownership | 4.0% |
| Management average tenure | 1.7yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
Analyst Forecasts For MilDef Group AB (publ) (STO:MILDEF) Are Surging Higher
Dec 04
MilDef Group AB (publ) (STO:MILDEF) Stocks Shoot Up 25% But Its P/S Still Looks Reasonable
Nov 21This Just In: Analysts Are Boosting Their MilDef Group AB (publ) (STO:MILDEF) Outlook for Next Year
Nov 19MilDef Group AB (publ) Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Oct 30MilDef Group AB (publ) (STO:MILDEF) Looks Just Right With A 26% Price Jump
Aug 19MilDef Group AB (publ) Just Beat EPS By 147%: Here's What Analysts Think Will Happen Next
Jul 29MilDef Group AB (publ) Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
May 01Is Now The Time To Look At Buying MilDef Group AB (publ) (STO:MILDEF)?
Apr 19Is Now The Time To Look At Buying MilDef Group AB (publ) (STO:MILDEF)?
Nov 26MilDef Group AB (publ)'s (STO:MILDEF) P/S Still Appears To Be Reasonable
May 06We Think That There Are Issues Underlying MilDef Group's (STO:MILDEF) Earnings
Feb 17A Look At The Fair Value Of MilDef Group AB (publ) (STO:MILDEF)
Dec 22MilDef Group (STO:MILDEF) May Have Issues Allocating Its Capital
Jun 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | SEK 55m |
| Jun 30 2024 | n/a | n/a | SEK 43m |
| Mar 31 2024 | n/a | n/a | SEK 41m |
| Dec 31 2023 | SEK 2m | SEK 1m | SEK 69m |
Compensation vs Market: Daniel's total compensation ($USD148.40K) is below average for companies of similar size in the Swedish market ($USD559.68K).
Compensation vs Earnings: Insufficient data to compare Daniel's compensation with company performance.
CEO
Daniel Ljunggren (44 yo)
1.7yrs
Tenure
SEK 1,654,000
Compensation
Mr. Daniel Ljunggren is President of MilDef Group AB (publ) from May 2023 and serves as its Chief Executive Officer since May 26, 2023. Mr. Ljunggren was Chief Financial Officer at MilDef Group AB (publ) s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 1.7yrs | SEK 1.65m | 3.99% SEK 199.8m | |
| Chief Financial Officer | 1.3yrs | no data | no data | |
| Deputy CEO & CTO | 5yrs | no data | 1.25% SEK 62.6m | |
| Head of Investor Relations & Communication | no data | no data | 0.050% SEK 2.5m | |
| Chief Legal & Compliance Officer | 5yrs | no data | no data | |
| Chief People Officer | 1.3yrs | no data | no data |
1.7yrs
Average Tenure
44yo
Average Age
Experienced Management: MILDEF's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 5yrs | SEK 300.00k | 0.0021% SEK 103.2k | |
| Independent Director | 5yrs | SEK 250.00k | 0.0021% SEK 103.2k | |
| Chair of the Board | 1.7yrs | SEK 2.23m | 2.23% SEK 111.7m | |
| Member of Advisory Board | no data | no data | no data | |
| Director | 8yrs | SEK 250.00k | 0.0021% SEK 103.2k | |
| Independent Director | 7yrs | SEK 220.00k | 1.63% SEK 81.5m | |
| Member of Advisory Board | no data | no data | no data | |
| Director | 27yrs | SEK 200.00k | 6.04% SEK 302.6m | |
| Chairman of Advisory Board | no data | SEK 200.00k | 0.0059% SEK 297.4k | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data |
6.0yrs
Average Tenure
68yo
Average Age
Experienced Board: MILDEF's board of directors are considered experienced (6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 22:36 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MilDef Group AB (publ) is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hugo Lisjo | Carnegie Commissioned Research |
| Tom Guinchard | Pareto Securities |
| Hugo Lisjo | Penser Access |