Q4 2024 Mips AB Earnings Call Transcript

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Feb 06, 2025


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MIPS.ST - MIPS AB
Q4 2024 Mips AB Earnings Call
Feb 06, 2025 / 09:00AM GMT

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Presentation
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Unidentified_1 [1]
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Good morning, everyone. My name is Max Chavitz, and I am the CEO of MIPs.

And with me today, I also have the MIPS CFO Ken Rosenthal, and we will talk you through the presentation of the year and report. And if we start with the key highlights of the quarter, it was another strong quarter with 58% growth in net sales.

Organic growth in the quarter was 52%. Year-to-date we have now delivered 35% organic growth. We see good development in all our categories and all the regions. We see that the consumer market remains challenging and buying behavior is still erratic, but positive trends in the recent US retail data. We see that the important US market has now on a total helmet level started to grow again, which we are really happy to see after
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