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Saab Reports Q2 Surge Driven by Polish Submarine Deal

A massive 47 billion SEK order for submarines destined for Poland has propelled Saab’s second-quarter bookings to 68.4 billion SEK. This influx of capital underscores a period of rapid expansion for the Swedish defense giant as international demand for both immediate and long-term security infrastructure continues to climb.

Saab Reports Q2 Surge Driven by Polish Submarine Deal

The company reported sales of 25.4 billion SEK, reflecting organic growth of nearly 30 percent compared to the same period last year. Profitability metrics also trended upward, with EBIT rising 41 percent to 2.79 billion SEK and the EBIT margin reaching 11 percent. Net income hit 2.17 billion SEK, translating to earnings of 3.96 SEK per share.

CEO Micael Johansson attributed the performance to the company's focus on technological innovation and sustained capacity increases. To better align with its evolving portfolio, Saab formally established a new Naval business area during the quarter. While net liquidity shifted to 2.5 billion SEK from the 3.9 billion SEK recorded at the close of 2025, operational cash flow saw a significant improvement, narrowing its deficit to 62 million SEK.

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