Mycronic AB (publ) (0MQG.IL)

372.10 +2.30 (+0.62%) At close: 06:28PM BST

Mycronic AB (publ)

Nytorpsvägen
Box 3141
Täby 183 03
Sweden
46 86 38 52 00
https://www.mycronic.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 2,024

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Anders Lindqvist	Pres & CEO	16.4M	N/A	1967
Mr. Pierre Brorsson BA, MSc.	CFO & Sr. VP of Corp. Devel.	N/A	N/A	1972
Mr. Magnus Marthinsson	Interim Sr. VP of Global Technologies	N/A	N/A	1968
Mr. Sven Chetkovich	Director of Investor Relations	N/A	N/A	N/A
Ms. Johanna Jarl	Sr. VP of HR	N/A	N/A	1981
Ms. Charlott Samuelsson	Sr. VP of Pattern Generators Division	N/A	N/A	1963
Ms. Lena Bavegard M.Sc. (Eng.)	Sr. VP of Global Functions	N/A	N/A	1967
Mr. Clemens G. Jargon	Sr. VP of High Flex Division	N/A	N/A	1965
Mikael Wahlsten	Head of Product Strategy & Devel.	N/A	N/A	1979
Mr. Ivan Li M.Sc.	Sr. VP of High Volume Division	N/A	N/A	1983

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SEK.

Description

Mycronic AB (publ) develops, manufactures, and sells production equipment for electronics industry in Sweden, rest of Europe, the United States, other Americas, China, South Korea, rest of Asia, and internationally. The company operates through four segments: Pattern Generators, High Flex, High Volume, and Global Technologies. The Pattern Generators segment develops, manufactures, and markets mask writers and measuring machines for production of advanced photomasks for manufacturing of screens for TVs, cars, mobile phones, tablets, and computers, as well as the semiconductor components. The High Flex segment develops, manufactures, and markets surface mount technology (SMT) and inspection equipment for flexible printed circuit board (PCBs) assembly. This segment offers MYPro Line, which integrates advanced jet printing and dispensing, pick-and-place, advanced process control solutions, and 3D inspection systems; MYTower material handling systems; and MYSmart dispensing and coating solutions. The High Volume segment develops, manufactures, and markets equipment for dispensing and conformal coating of circuit boards for manufacturers of mobile phones, tablets, computers, and electronics for electric vehicles, as well as automated screen printers. The Global Technologies segment offers die bonding services for microelectronics and optoelectronic applications; electrical testing of bare board PCBs and substrates; flying probe test system; and grid test systems. It sells its products through agents and distributors. The company serves industrial, aerospace, defense, automotive, energy, medical, and telecom sectors. The company was formerly known as Micronic Mydata AB (publ) and changed its name to Mycronic AB (publ) in June 2014. Mycronic AB (publ) was incorporated in 1989 and is headquartered in Täby, Sweden.

Corporate governance

Mycronic AB (publ)’s ISS governance QualityScore as of 1 October 2023 is 8. The pillar scores are Audit: 6; Board: 6; Shareholder rights: 1; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.