Tag: Lars Larsen
Annual report sees Milestone reach DKK 2 billion net income
March 27, 2025SSN Staff
COPENHAGEN, Denmark —2024 proved to be a successful year for Milestone, breaking new ground through the strategic acquisitions of BriefCam analytics and Arcules cloud, and development of new product offerings and partnerships.
“Milestone has delivered exceptional results in 2024, marked by significant growth in both revenue and earnings,” says Lars Larsen, chief financial officer in Milestone.
Net revenue rose to DKK 2 billion from DKK 1.7 billion in 2023, reflecting a robust...
Milestone announces fourth straight year of record-high net revenues
April 4, 2024SSN Staff
COPENHAGEN, Denmark—Milestone Systems has announced record-high net revenues for a fourth straight year, as its newly released annual report detailed net revenues of 1.69 billion DKK (approx. $244.9 million) in 2023.
The video technology company celebrated 25 years in business in February 2023. During its anniversary year, Milestone made significant strides in delivering on its growth strategy, particularly in key industries such as healthcare and hospitality.
“As we reflect on...
Milestone Systems annual report shows record-high revenues
April 3, 2023SSN Staff
COPENHAGEN, Denmark – The annual report delivered by Milestone Systems has indicated double-digit growth in 2022, according to the video software firm.
Milestone reportedly reached an all-time high annual net revenue of 1.5 billion Danish kroner (DKK), a 30 percent increase over the previous year. The company also reported a pre-tax profit of 11 million DKK in 2022. The company said it aims to more than double its 2021 revenue by 2026 as part of an ambitious growth strategy.
“It...
Milestone Systems CEO resigns
March 11, 2020SSN Staff
COPENHAGEN—Milestone Systems' Board of Directors announced that Lars Thinggaard, president and CEO has decided to resign, prompting the board to start an open search to appoint a successor. During the intervening period, Lars Larsen, chief financial officer, Milestone Systems, will serve as interim CEO.“I am very grateful to Lars for the energy, vision and heart that he has dedicated to Milestone employees and the community partners,” Lau Normann Jørgensen, chairman, Milestone...
Milestone hires new CFO
November 4, 2010SSN Staff
COPENHAGEN—Milestone Systems, an open platform IP video management software company, on Nov. 4 announced the hiring of a new chief financial officer, Lars Larsen. He will be responsible for the finance and human resource operations of the international organization.
As vice president of Group Finance at Carlsberg Breweries, Lars Larsen was responsible for internal management reporting to the Board of Directors and external reporting to the Copenhagen Stock Exchange. Prior to that Larsen was...