Micael Johansson, President and CEO of Saab, highlighted the company’s commitment to supporting global defence capabilities amid geopolitical uncertainty. “We delivered strong results while continuing to invest in expansion. Saab remains a reliable partner for countries looking to strengthen their defence capacity,” he stated.
Â
Saab’s order bookings for the fourth quarter totalled SEK 17.6 billion, mainly driven by small and medium-sized contracts. This contributed to a record-high order backlog of SEK 187 billion, up from SEK 153 billion the previous year.
Sales revenue for the quarter reached SEK 20.85 billion, marking an organic growth of 29%. Growth was reported across all business areas and aligned with the company’s previous financial update in January 2025.
The company’s EBITDA increased to SEK 2.73 billion, reflecting a 13.1% EBITDA margin, up from 12.6% in the same period last year. Meanwhile, EBIT rose by 38% to SEK 1.95 billion, corresponding to a 9.4% margin.
Net income for the quarter grew to SEK 1.44 billion, a 17% increase compared to the previous year. Earnings per share also saw a rise, reaching SEK 2.66, up from SEK 2.27.
Operational cash flow remained strong at SEK 3.56 billion, supported by significant customer payments. However, Saab’s net liquidity position slightly declined, ending the year at SEK 2.21 billion, compared to SEK 2.34 billion at the end of 2023.
Â
In light of its strong performance, Saab’s Board has proposed a dividend increase to SEK 2.00 per share, up from SEK 1.60. Looking ahead, the company expects organic sales growth of 12-16% in 2025, with EBIT growth surpassing sales growth and continued positive operational cash flow.
For the medium-term period 2023-2027, Saab aims for an average organic sales growth of 18%, EBIT growth exceeding sales growth, and a minimum 60% cumulative cash conversion.
Source: Saab.
