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Danish space company increases turnover by 46 per cent

Danish Aerospace Company, headquartered in Odense, has performed very well in 2018, according to the company's recently published annual report

Turnover grew from DKK 14.1 million in 2017 to DKK 20.6 million in 2018. That corresponds to an increase of 46 per cent. Profit before tax was DKK 1.9 million compared to DKK 1.1 million the year before.

The CEO of Danish Aerospace Company, Thomas A. E. Andersen, is pleased with the results.

"We have good reason to celebrate with such excellent growth in our turnover and the fact that our profits have also gone up. We have invested considerably in our business over the last few years, and we are now seeing our efforts begin to bear fruit. I expect, however, that in the coming years we are going to see yet even more growth ahead. There are plenty of new business areas where we are seeing opportunities for us to make our entry," says Thomas A. E. Andersen.

More information

Contact Morten Huse Eikrem­-Jeppesen, PressConnect

M: +45 5385 0770

FAD Part of Confederation of Danish Industry 1787 Copenhagen Denmark Tel: +45 3377 3066 E-mail: faddi.dk