#Sweden #Stockholm #Saab #Micael Johansson #Q1 Results

Saab's Q1 2026 Results: A Strong Start to the Year

On April 23, 2026, Saab released its financial results for the first quarter of the year, showcasing exceptional performance and growth. The figures indicate not just a healthy business foundation but also a forward-looking strategy in alignment with global defense needs.

Financial Highlights

Saab's order bookings for the first quarter reached SEK 18,243 million, down slightly from SEK 19,144 million in the corresponding period last year. Notably, while the company saw substantial activity in medium-sized orders, there was a reduction in the number of larger contracts.

Sales figures told a different story, with total sales hitting SEK 19,164 million, reflecting an impressive 23.6% organic sales growth compared to the previous year's 10.9%. This growth spanned all business areas, particularly in Surveillance, which showed exceptionally strong performance.

The company recorded an EBITDA of SEK 2,731 million, which translates to an EBITDA margin of 14.3%, slightly up from the last quarter's 13.6%. The EBIT rose to SEK 1,920 million, marking a 32% increase, resulting in an EBIT margin of 10.0%. Net income for this quarter amounted to SEK 1,466 million, up from SEK 1,277 million last year, with earnings per share rising to SEK 2.65 from SEK 2.35.

One of the standout features of this quarter's results was the operational cash flow, which climbed to SEK 1,017 million, an impressive rebound from the previous quarter's negative figures. However, net liquidity saw a minimal drop to SEK 3,985 million from SEK 3,989 million at the end of 2025.

The Annual General Meeting of 2026 decided on a dividend of SEK 2.40 per share, an increase from SEK 2.00 the prior year, reaffirming the company's commitment to shareholder value.

Strategic Insights

Micael Johansson, Saab's President and CEO, expressed optimism regarding the quarterly performance: "We delivered strong organic sales growth, a higher operating margin, and solid cash flow in the first quarter. Our product offerings are well aligned with the defense priorities of many nations globally. We continue to develop future capabilities and invest in capacity while reinforcing our ability to deliver to customers in the immediate term." This statements reflect the company's commitment not only to immediate performance but also to long-term growth aligned with international defense trends.

Coming Up

Saab's upcoming presentation on their Q1 results will take place on April 23, 2026, at 10:00 a.m. CET. Micael Johansson and CFO Anna Wijkander will hold a live webcast to discuss the results in greater detail and will take questions from the audience during the call.

For those interested in following this event, it will be accessible via the company's investor webpage. All presentation materials, including the interim report, will be available online for stakeholders and the investing community.

About Saab

Established as a leading defense and security company, Saab focuses on aiding nations in ensuring the safety of their citizens and societies. The firm employs 28,000 skilled professionals dedicated to pushing technology's boundaries, creating safer, more sustainable, and equitable solutions globally. From aeronautics to sensors and command systems, Saab is continually evolving and expanding its portfolio to meet global challenges.

In summary, the Q1 2026 results underscore Saab's resilience and adaptive strategy in an evolving defense landscape, setting a positive tone for the forthcoming quarters. With a strong financial performance and a robust pipeline, Saab seems well positioned for significant contributions in the defense sector.