Saab Q2 2025 Results: Accelerating Growth and Strengthening our Market Position

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“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.