The company’s defence and public procurement contracts account for €66 million of the total order backlog. The strong financial outlook reflects growing demand in the sector, driven by geopolitical instability and successful sales efforts by Summa Defence’s target companies.
Summa Defence is in the process of acquiring Lännen Tractors, Aquamec, Uudenkaupungin Työvene, IntLog, and Lightspace Technologies. These companies are expected to become subsidiaries of Summa Defence Group in April 2025, following a share exchange transaction announced on 29 January 2025.
The revenue and EBITA forecast is based on the continued operations of Summa Defence from April to December 2025 and the performance of Meriaura Energy throughout 2025. The completion of the share exchange with Meriaura Group Plc is necessary to achieve the projected financial growth.
Summa Defence aims to expand both organically and through acquisitions, but the current revenue estimates do not yet account for potential future acquisitions in 2025. The company sees mergers and acquisitions as a key strategy for scaling operations in the defence industry.
Preliminary unaudited figures indicate that Summa Defence and its future subsidiaries generated €67.1 million in revenue in 2024, with an EBITA of -€9.7 million. The significant projected increase in 2025 reflects the impact of strategic investments and market expansion.
CEO Jussi Holopainen expressed confidence in the company’s growth, citing a solid order backlog, effective sales strategies, and targeted financing as major drivers. “Our target companies possess tremendous expertise and potential, which they can now fully leverage with the support of Summa Defence,” he stated.
Summa Defence has set a medium-term revenue target of €500 million, reinforcing its ambition to become a leading player in the defence sector. The planned merger with Meriaura Group Plc will create a new defence-focused group, with Summa Defence Plc providing financial guidance for 2025 once the transaction is completed.
