Mips AB 2020 AR2
The report highlights Mips' financial and operational performance for the fiscal year 2020, during which the company achieved a 36% increase in net sales to SEK 365m and a 53% increase in adjusted operating profit to SEK 168m. Mips successfully expanded its safety systems, delivering 7.2 million units across 729 helmet models to 121 customers globally. Despite the challenges of the COVID-19 pandemic, the company advanced its market position, particularly in the Sports and Moto categories, and launched its first voluntary sustainability report. Key sustainability initiatives focused on four areas: employees, product safety, environmental impact, and supply chain integrity.
Company: Mips AB
Sector: Professional & technical services
Country: Sweden
Year: 2020
Type: AR2
Pages: 128
Mips AB
The report highlights Mips' financial and operational performance for the fiscal year 2020, during which the company achieved a 36% increase in net sales to SEK 365m and a 53% increase in adjusted operating profit to SEK 168m. Mips successfully expanded its safety systems, delivering 7.2 million units across 729 helmet models to 121 customers globally. Despite the challenges of the COVID-19 pandemic, the company advanced its market position, particularly in the Sports and Moto categories, and launched its first voluntary sustainability report. Key sustainability initiatives focused on four areas: employees, product safety, environmental impact, and supply chain integrity.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees