All MIPS articles – Page 2
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ArticleMips reports outstanding start into 2022
In the first quarter of fiscal 2022, Swedish helmet technology and “Brain Protection System” (BPS) manufacturer Mips AB reported preliminary net sales of SEK 137 million (€13.22 million), an increase of 65.1 percent year-on-year. Organic growth amounted to 48 percent during the quarter. It is mainly based on the success ...
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News briefsMips’ China production restarts after brief lockdown
Due to the recent Omicron wave in China, the Swedish Brain Protection System (BPS) manufacturer Mips AB has further updated the current situation in areas where the supplier and several of its (helmet) customers have manufacturing operations. In a communication dated March 16, the helmet technology supplier had indicated that ...
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ArticleMips Q4 net sales rise despite supply constraints & China factory slowdowns
The Swedish helmet safety technology provider Mips reported a 41 percent rise in net sales during the fourth quarter, despite supply chain constraints and power restrictions on factories in China. The specialist in “brain protection” said net sales for the three months to Dec. 31 rose to 198 million Swedish ...
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ArticleGreen awareness provides greater tailwind for bike stocks in 2021
2021 had it all: on the one hand, more lockdowns, virus variants, inflation, zero or negative interest rates, supply bottlenecks, political crises, trade and other wars, etc. On the other hand, 2021 experienced a world stock market that trudged steadily upward. This also gave our 2021 cycling stock some major ...
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News briefsMIPS moves up to Nasdaq Stockholm’s Large Cap segment
Following Nasdaq’s annual review of the market capitalization of listed companies, Mips AB, which scores with its innovative helmet technology BPS (stands for “Brain Protection System”), is moving up from the Mid Cap to the Large Cap segment of Nasdaq Stockholm. The move will be effective January 3, 2022. “I ...
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ArticleMips posts solid growth in Q3 despite supply chain challenges
Swedish company Mips reports that its third quarter built on the very good growth seen earlier in the year. The specialist in “brain protection” helmet technology reported that net sales increased by 81 percent to 185 million Swedish kronor (€18.6m-$21.7m) compared to SEK 120 million in Q3 last year. Organic ...
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ArticleHigh demand for bike helmets results in tremendous sales increase for Mips in H1
After a strong start to fiscal 2021, “brain protection” helmet-technology maker Mips AB stepped it up a notch in the second quarter. As a result, the Swedish company posted total sales of SEK 225 million (€22.0m-$25.9m) in the first half of the year, despite challenging supply chain issues. Compared with ...
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ArticleMips Q1 sales boosted by strong demand for bike helmets
When bicycle sales pick up in times of pandemic, Sweden’s Mips AB and its Brain Protection System (BPS) helmet technology are also in the front row. The first quarter of the year – usually the company’s smallest quarter – was the fourth-largest in company history in terms of sales. Total ...
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News briefsMips with redesigned, consumer-centric brand website
Mips, the Swedish provider of the eponymous helmet safety technology, has unveiled a completely redesigned website aimed at making “helmet safety more transparent and easily understandable to everyday people.” The brand’s latest evolution goes far beyond simple cosmetic changes, with language and design focused on maximizing consumer benefits. The website ...
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News briefsPOC presents first bike helmet with new Mips Integra
POC and Mips are entering a new phase in their long-standing partnership, which began back in 2009. After renewing its partnership with Mips in 2019 following some disagreements over POC’s proprietary protection system called Spin, POC has now launched the market’s very first bike helmet with Mips’ new Integra technology, ...
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ArticleMips: Bicycle boom boosts bike helmet sales
For Sweden’s Mips AB and its Brain Protection System helmet technology (BPS), the 2020 fiscal year ended with a historic fourth record quarter. The quarterly and annual growth was driven primarily by the sports helmet category and bicycle helmets in particular. After a challenging spring with extensive store closures in ...
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News briefs
Mips divides product offering into five classes for better diversification
To help brands and consumers select and diversify its products, Mips, the Swedish provider of the eponymous helmet safety technology, has introduced a new product range to better define its helmet safety products and classify them according to their intended use. All future Mips-equipped helmets will be branded with the ...
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ArticleBike stocks 2020: Corona gives the bicycle industry a turbo boost
Same same but different – 2020 has been a real rollercoaster. Not only for the world economy but for each individual: Corona set the course. 2020 saw the most extreme stock market movements ever. What it finally taught us above all: whether economic, trade or other wars, political crises or ...
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News briefsMIPS presents its own team of sponsored athletes
MIPS, the Swedish supplier of helmet-based safety and protection of the brain, has announced the formation of its first professional athletic team, “Team MIPS.” The team will serve as an “ever-growing global force of helmet safety advocacy,” with athletes from around the world with a wide range of backgrounds and ...
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