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Tag: Lars Larsen

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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...

Lars Larsen, Milestone Systems, Thomas Jensen, XProtect

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Milestone Systems annual report shows record high revenues


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...

Arcules, distributors, Lars Larsen, Milestone Kite, Milestone Systems, Revenue, Security, supply-chain, Thomas Jensen, video software, XProtect

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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...

Lars Larsen, Lars Thinggaard, Milestone, Milestone Systems

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General News

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...

Lars Larsen, Milestone Systems

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