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STOCKHOLM, July 18, 2025 /PRNewswire/ -- Saab presents the results for January-June 2025.
"We are strengthening our market position and see a continued large interest in our products and solutions. Saab's sales growth is high and we continue to invest to build capacity and meet long-term strong demand from the defence sector. At the same time, we continue to deliver strong profitability," says Micael Johansson, President and CEO, Saab.
Key highlights Q2 2025
Order intake for the second quarter amounted to SEK 28,403m (39,574), driven by strong growth in small and medium-sized orders.Sales in the quarter amounted to SEK 19,786m (15,170) and corresponded to an organic sales growth of 32% (21).All business areas reported sales growth, with particularly strong growth in Dynamics of 73% in the quarter.EBITDA amounted to SEK 2,831m (1,961) and corresponded to an EBITDA margin of 14.3% (12.9) in the quarter.EBIT increased 49% and amounted to SEK 1,977m (1,331), corresponding to a margin of 10.0% (8.8). In the quarter, a non-recurring contribution of SEK 105m in the minority portfolio had a positive effect on EBIT.Net income increased to SEK 1,536m (1,012) and earnings per share amounted to SEK 2.83 (1.85), an increase of 53%.Operational cash flow amounted to SEK -1,136m (-2,251), and mainly reflected continued investments for capacity build-up.Net liquidity position was SEK 690m (-2,354) at the end of the period.Outlook for 2025: organic sales growth between 16-20%, compared to previous organic sales growth between 12-16%. Reiterating EBIT growth higher than the organic sales growth and positive operational cash flow for the full year.STOCKHOLM, July 1, 2025 /PRNewswire/ -- Saab has received an order from the Swedish Defence Materiel Administration (FMV) for the mobile short-range air defence solution RBS 70 NG with missiles. The order value is approximately SEK 1.5 billion and deliveries are scheduled 2027-2028. This order was booked in Q2 2025.
The order also includes equipment which will enable the Swedish Armed Forces to integrate the system on a Mobile Short-Range Air Defence (MSHORAD) solution in the future.
"We are continuously contributing to strengthening the capabilities of the Swedish Armed Forces and Saab's air defence systems play a vital role in keeping Sweden's skies secure," says Görgen Johansson, head of Saab's business area Dynamics.
STOCKHOLM, June 16, 2025 /PRNewswire/ -- Saab announces a strategic cooperation with General Atomics Aeronautical Systems relating to the development of an Unmanned Airborne Early Warning (UAEW) solution. The solution will be based on General Atomics Aeronautical Systems' unmanned aerial system MQ-9B.
The collaboration combines Saab's renowned expertise in AEW&C systems with General Atomics Aeronautical Systems' leading unmanned aircraft systems technology. General Atomics Aeronautical Systems will integrate Saab's AEW sensors with their unmanned MQ-9B-platform. The new capability will deliver persistent surveillance and situational awareness by providing continuous monitoring of designated areas.
STOCKHOLM, June 11, 2025 /PRNewswire/ -- Saab, in collaboration with Helsing, today announced the successful completion of the first three flights integrating Helsing's Artificial Intelligence (AI) agent `Centaur' into a Gripen E fighter jet. As part of Saab's `Project Beyond', the flights, where the first flight, was conducted on May 28, mark a significant advance in bringing AI capabilities to military aircraft. It is also yet another proof point of Gripen E's unparalleled ability to rapidly update software without disregarding safety requirements.
STOCKHOLM, June 4, 2025 /PRNewswire/ -- The Royal Thai Air Force has today confirmed its selection of the Saab Gripen E/F as its new future multi-role fighter. Saab and the Swedish Defence Materiel Administration (FMV) will now follow the next steps in the procurement process with the Kingdom of Thailand.
At this point Saab has not signed a contract nor received an order relating to this announcement.
In addition to Gripen E/F fighter aircraft and associated equipment, Saab's offer also includes a long-term offset package. This will benefit the national security and strategic independence of Thailand, while also bringing new jobs and investments to a range of Thai society sectors. The details are yet to be determined.
STOCKHOLM, May 27, 2025 /PRNewswire/ -- At its Capital Markets Day today in Karlskoga, Sweden, Saab presents an update on its strategic priorities and progress towards capturing future growth and ensuring delivery on customer commitments. This will be achieved through continued capacity expansion, investments in digital transformation and accelerated future capabilities.
Follow the presentations live today 08:30 CEST at www.saab.com/cmd. The webcast will be available to view afterwards.
"Saab remains committed to leading the way in an uncertain geopolitical security landscape. Going forward, we will continue to scale up our operations and will accelerate the development of future capabilities. We are well-positioned to further capture market opportunities while executing on our strong order backlog. This is a solid foundation for long-term growth and sustainable value creation," says Micael Johansson, President and CEO of Saab.
STOCKHOLM, April 25, 2025 /PRNewswire/ -- Saab presents the results for January-March 2025.
"We had a solid start to the year with sales growth across all business areas and delivered Saab's strongest first quarter to date. Fully committed to contributing to the European defence build-up, we will continue to develop in line with our growth plans and capture market opportunities by focusing on customer deliveries and investing in capacity to meet the high demand," says Micael Johansson, President and CEO, Saab.
STOCKHOLM, March 31, 2025 /PRNewswire/ -- Saab has signed a framework agreement with the Latvian Ministry of Defence for the short-range ground-based air defence system RBS 70 NG and received an order within the agreement. The order value is SEK 2.1 billion and deliveries will take place 2026-2030.
The order includes RBS 70 NG firing units and missiles as well as trainer units.
"Saab continues to support the Latvian National Armed Forces with a strong ground-based air defence capability which will significantly enhance its crucial ability to detect and engage aerial threats," says Görgen Johansson, head of Saab's business area Dynamics.
STOCKHOLM, March 14, 2025 /PRNewswire/ -- Saab has received a contract modification award from the U.S. Marine Corps for additional Marine Corps Training Instrumentation Systems (MCTIS) equipment. The order value for this award is USD $37 million (SEK 375 million) with deliveries taking place from 2025 to 2027.
This award ensures the U.S. Marine Corps will continue implementing Saab's deployable and expeditionary MCTIS capability. This advanced, interoperable live training solution helps Marines train in the most realistic environments, significantly improving their performance and survivability on the battlefield.
STOCKHOLM, Feb. 7, 2025 /PRNewswire/ -- Saab presents the full-year results for 2024.
"I am pleased to report that Saab ended 2024 in a strong way. We delivered a better-than-expected organic sales growth, improved our operational performance and generated a positive cash flow. We achieved all this while investing significantly in expansion to meet higher customer demand and strengthening our market position. In the wake of the global geopolitical uncertainty, Saab is committed to being a reliable partner, supporting countries in building their defence capabilities and contributing to increased European defence capacity," says Micael Johansson, President and CEO, Saab.