The Swedish defense firm reports a 28.6% year-over-year revenue increase, with order bookings reaching SEK 68,393 million.
Saab AB posted Q2 revenue of SEK 25.45 billion, a 28.6% increase year-over-year, driven by higher demand across its defense and security segments. GAAP earnings per share stood at SEK 3.96 for the quarter.
The company’s order bookings totaled SEK 68,393 million, while EBITDA reached SEK 3,774 million, reflecting a 14.8% margin. EBIT rose 41% to SEK 2,794 million, outperforming the prior-year period.
Shares showed muted reaction in early trading as investors digested the mixed performance metrics.