LA PLATA, Maryland — Ovzon AB of Sweden, which operates its own satellite and builds mobile communications terminals for civil and military use, reported a 90% increase in revenue, to 166 million Swedish krona ($17.5 million) for the six months ending June 30 and said its EBITDA and operating profit swung into positive territory.
It was the company’s fourth quarter of positive EBITDA.
On the strength of an historic order from the Swedish Defence Materiel Administration (FMV) in May, valued at 1.038 billion . . .
To view the entire article, become a subscriber!
