Saab's Exceptional Performance in 2025
Saab recently unveiled its impressive results for the fiscal year 2025, showcasing a significant leap in order bookings and comprehensive growth across various segments. This outstanding performance solidifies Saab's position within the defense and security sector.
Highlights from Q4 2025
The fourth quarter showcased remarkable achievements. Order bookings surged dramatically to SEK 100,111 million, up from SEK 17,556 million, largely due to a substantial influx of large orders. The sales figures mirrored this trend, reaching SEK 27,697 million compared to SEK 20,850 million in the previous year, marking an organic sales growth of 34.5%.
All business sectors within Saab, as well as Combitech, reported robust sales growth. Notably, the Surveillance and Dynamics sectors experienced pronounced advances, contributing significantly to the overall figures.
Saab's earnings before interest, taxes, depreciation, and amortization (EBITDA) showed a notable increase to SEK 4,203 million, reflecting an EBITDA margin of 15.2%. Furthermore, EBIT marked a substantial rise of 67%, totaling SEK 3,261 million with a corresponding margin of 11.8%. Adjusting for the divestment of Saab TransponderTech AB, EBIT still showed a robust increase.
Financial Stability and Forecasts
In terms of net income, Saab recorded a growth to SEK 2,568 million, with earnings per share escalating to SEK 4.73. Operational cash flow also rose significantly, reaching SEK 6,281 million, underscoring the company's strong financial health. Additionally, net liquidity amounted to SEK 3,989 million, providing a solid foundation for future investments.
The Board of Directors has recommended a dividend increase for shareholders, proposing SEK 2.40 per share for the year, an uptick from SEK 2.00 the previous year. This move demonstrates Saab's commitment to returning value to its shareholders while maintaining a healthy capital base for ongoing growth initiatives.
Strategic Investments for Future Growth
Saab is committing to strategic investments that emphasize capacity expansion and the development of new capabilities. With a solid backlog of orders, the company is well-positioned to upgrade its medium-term targets, aiming for an organic sales growth target of approximately 22% from 2023 to 2027, revised from an earlier 18% projection. This target indicates a firm belief in the strength of Saab's market momentum.
Moreover, EBIT growth is expected to exceed organic sales growth, alongside maintaining a cumulative cash conversion exceeding 60%. These ambitions highlight Saab's proactive approach to sustaining its growth trajectory and reinforcing its business fundamentals.
Engagement with Stakeholders
As part of its commitment to transparency and communication, Saab's CEO, Micael Johansson, alongside CFO Anna Wijkander, plans to present the full Q4 and 2025 results at an upcoming briefing. Those interested will have the opportunity to view the presentation live online and participate in a Q&A session.
The full-year report, including presentation materials, will soon be accessible to stakeholders, ensuring that investors and the public stay informed about the progress and strategies implemented by Saab.
About Saab
Saab is a prestigious defense and security firm dedicated to safeguarding nations and their societies. With a talented workforce of approximately 27,000, Saab continually pushes the boundaries of technology to create a safer and more sustainable future. The company excels in designing, manufacturing, and upholding advanced systems in various domains, including aeronautics, weaponry, command systems, and more. Saab's headquarters are located in Sweden, with major operations around the globe, supporting many nations’ defense capabilities.
Frequently Asked Questions
What was Saab's total order booking in Q4 2025?
Saab's total order bookings in the fourth quarter reached SEK 100,111 million.
How did Saab's sales perform in 2025?
The sales amounted to SEK 27,697 million, reflecting a 34.5% organic growth.
What is the recommended dividend for 2025?
The Board has proposed a dividend of SEK 2.40 per share for 2025.
What growth rate is Saab targeting for the next five years?
Saab aims for an organic sales growth of around 22% CAGR from 2023 to 2027.
What sectors contributed significantly to Saab's growth?
Strong sales growth was particularly notable in the Surveillance and Dynamics business areas.
