Precision Global ApS

Beskrivelse af virksomhedens væsentligste aktiviteter

Primary activitiesThe purpose of the Group is to protect people and society. The Group is doing this by providing complex integrated solutions, services and supply chain to Government Agencies and the defence industry. Integrated Solutions include Individual Soldier Solutions, Integrated Solutions, Command and Control Solutions, while Services include Service & Maintenance, Production, Training and Integration. Our Supply Chain offerings include Logistics Services and Advisory.
​
​The purpose of the Parent company is to own shares in other companies as well as other related business on behalf of the Executive Board.

Beskrivelse af udviklingen i virksomhedens aktiviteter og økonomiske forhold

Development in activities and financesThe result for the year before tax amounts to a profit of DKK 55.0 million compared to a profit of DKK 16.2 million​last year. The result is seen as satisfactory overall. Additionally, the Group has during the year invested in additional employees and new systems and processes as a preparation for potential future growth and aspart of the “fit for growth” strategy, also influencing the result.
​
​The balance for the group has increased from DKK 128.9 million to DKK 282.3 million. The increase is mainly an effect of a significant increase from received prepayments related to specific customers for specific orders, increasing the cash balance with DKK 84 million. Further increase in the Group balance of DKK 69 million due to a​generally improved cash balance as well as the increased level of activity at the end of the year, also resulting in increased inventories mainly from increased prepayments to specific vendors related to specific sales orders (see received prepayments).
​
​The overall status of the company group is very positive. The Defence industry is still growing and the demand for​additional government spendings within the sector seems extremely positive for the years to come. Throughout the corporate territory, defence budgets and spending are being heavily expanded. This is expected to continue throughout the next five to ten years, as the geo-political situation is not likely to change and as the NATO and Coalition countries have realized that they have neglected to invest in national defence and security for the past decades. Hence, there seems to be huge potential for the sector and the company in the years to come. The security situation as well as geopolitical situation in the world, does encourage the European NATO partners to prioritize local industry initiatives and partners. However, the development in the dialogue between Europe and US is causing uncertainty in how this will affect the trade between Europe and US and the search for local suppliers in Europe in general. We do still believe in the importance of US defence products for global security and we still expect it to be an advantage to utilize our US based entity to obtain such opportunities. In addition, the group has implemented some diversity within the portfolio to include solutions and partners within Europe as well as Australia.
​
​The Precision Technic Defence Group is in the beginning of the strategy implementation with an expected growth and focus on building a sustainable Service Business within Denmark, increasing the footprint in the Nordics and a focused effort on securing a strong Global Supply chain strategy. The Group Board and Executive Management has initiated a new strategy for the coming years, with initial focus on securing the foundation for future growth. The initial part of the strategy for the coming financial year has been named “fit for growth”. The Group is overall considered to be in a very good condition for the future with a focused strategy for the coming years.

Omtale af betydningsfulde hændelser, som er indtruffet efter regnskabsårets afslutning

Events after the balance sheet dateNo events have occurred after the balance sheet date to this date, which would influence the evaluation of this annual report.

Beskrivelse af virksomhedens forventede udvikling

OutlookThe outlook for FY2026/2027 is expected to follow the positive trends seen in FY2025/26, with continuous future growth. The growth is especially expected in the Nordic region from higher activity level in the Danish company based on an overall already strong signed order and frame agreement pipeline. But further growth is also expected in the Swedish marked/company and in the Danish Service business with new planned integration and service/maintenance contracts. The overall activity level for The Group is expected to increase +25-30% compared​to the sales in FY2025/26. The Group result before tax for FY2026/27 is expected in the range of DKK 60-75 million, based on amongst others a number of multi-year orders and deliveries are increasing, which adds to positive prognosis of the Group. The result before tax is though not expected to grow as much as the general activity level, as FY2026/27 also is planned to include investment in additional personnel and other cost as further​preparation for the planned/expected growth in the following years and as part of the “fit for growth” strategy.