Mildef Group AB Faces Market Pressure Amid CEO’s Share Sale
In recent weeks, Mildef Group AB, a Swedish company specializing in military-grade IT products and electronic systems, has experienced significant market fluctuations. The company, headquartered in Helsingborg, has been under pressure as its stock price has seen a notable decline. On June 1, 2025, Mildef’s share price closed at 255.4 SEK, a drop from its 52-week high of 294.4 SEK on May 27, 2025. The company’s market capitalization stands at 11.51 billion SEK, with a concerning price-to-earnings ratio of -47.49.
The downturn in Mildef’s stock price has been attributed to several factors, including the recent sale of shares by its CEO, Daniel Ljunggren. On May 30, Ljunggren sold approximately 593,115 shares at a price of 263.94 SEK each, amounting to a total of 156.7 million SEK. This sale has raised eyebrows in the market, as it represents about one-third of his holdings in the company. Despite this, Ljunggren remains a long-term owner of Mildef shares.
The sale of shares by the CEO has coincided with broader market trends affecting defense stocks. While defense stocks have generally been in demand, Mildef’s shares have bucked the trend, experiencing a significant drop. This decline was further exacerbated by the sale, leading to a two-digit percentage fall in the stock price on June 3, 2025.
In addition to the CEO’s share sale, Mildef’s stock has been influenced by other market dynamics. For instance, Andra AP-fonden, a major shareholder, reduced its stake in Mildef by nearly 100,000 shares, bringing its ownership down to approximately 4.9% of the company’s capital and voting rights. This reduction has passed the 5% threshold, necessitating a notification to the market.
Despite these challenges, Mildef is looking ahead with plans to engage with investors and analysts. The company has announced a Capital Markets Day scheduled for September 18, 2025, where it will present its strategy and outlook. This event, to be held at At Six in Stockholm, will also be available via live webcast, providing an opportunity for broader engagement with the market.
As Mildef navigates these turbulent times, the company remains focused on its core mission of developing and manufacturing military-grade IT products and electronic systems. With a diverse product range including laptops, tablets, handhelds, intelligent displays, and tracking solutions, Mildef continues to serve its global customer base. Investors and stakeholders will be keenly watching the company’s performance in the coming months, especially in light of the upcoming Capital Markets Day.