Mips AB 2019 AR2
The report highlights MIPS' financial and operational performance for the fiscal year 2019, during which the company achieved organic net sales growth of 29% and reached its long-term profitability target with an operating margin of 41.2%. Operationally, the company expanded its helmet-based safety solutions, selling 5.0 million MIPS Brain Protection System (BPS) units and launching its first solution in the safety helmet category for industrial use with the Guardio brand. On sustainability, MIPS focused on four main areas: products that protect users, supply chain sustainability, environmental impact reduction, and employee development. The company also completed two strategic acquisitions of patent portfolios associated with Fluid and GlideWear technologies to strengthen its intellectual property.
Company: Mips AB
Sector: Professional & technical services
Country: Sweden
Year: 2019
Type: AR2
Pages: 112
Back to company
Mips AB
Annual Report
The report highlights MIPS' financial and operational performance for the fiscal year 2019, during which the company achieved organic net sales growth of 29% and reached its long-term profitability target with an operating margin of 41.2%. Operationally, the company expanded its helmet-based safety solutions, selling 5.0 million MIPS Brain Protection System (BPS) units and launching its first solution in the safety helmet category for industrial use with the Guardio brand. On sustainability, MIPS focused on four main areas: products that protect users, supply chain sustainability, environmental impact reduction, and employee development. The company also completed two strategic acquisitions of patent portfolios associated with Fluid and GlideWear technologies to strengthen its intellectual property.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees