Announcement • May 11
Saab Introduces Barracuda Poncho Camouflage Protection for Soldiers Saab has introduced its latest iteration of camouflage solutions, a poncho to protect individual soldiers from being detected by sensors operated by opposing forces across a variety of environments. Barracuda Poncho is Saab's latest addition to complement its existing Barracuda range of advanced camouflage solutions. The purpose of Barracuda Poncho is to hide the user from thermal and, in the arctic version, UV sensors while providing the freedom of movement to act swiftly and quietly. Its light weight of just above 1 kg makes Barracuda Poncho easy to deploy, wear and adjust. Barracuda Poncho provides visual and thermal protection across varied environments, including woodland, stony desert, and arctic conditions. Its reversible design enables a night and day configuration on each side, with enhanced thermal protection for night. The poncho will be on display at Saab's stand G180, Hall 6 at Eurosatory 2026. Announcement • May 10
Saab Launches New Bolide 2 Missile for RBS 70 Air Defence System Saab has launched the new Bolide 2 missile for the RBS 70 short-range air defence missile system. Bolide 2 brings a larger warhead and better terminal flight performance for superior capability, and an improved modular design to allow for future updates. Bolide 2 retains the unjammable guidance method used by RBS 70 with its previous missile generations. Deliveries are starting in 2027 and this new missile will become the standard ammunition for RBS 70 NG. Bolide 2 can be fired from the latest RBS 70 NG or prior generations. A series of successful test firings have already been conducted as part of the missile's development. Announcement • May 09
Saab Launches New Carl-Gustaf Anti-Tank Round Saab has launched its new anti-tank ammunition round for the Carl-Gustaf weapon during a live firing customer demonstration in May at Karlskoga, Sweden. The new round, designated HEAT 758, has been designed to defeat heavy armoured vehicles equipped with Explosive Reactive Armour (ERA). Vehicles protected by ERA are increasingly more common on the battlefield. HEAT 758 features a tandem warhead; the initial charge neutralises the ERA installed on the outside of the armoured vehicle, allowing the main charge to then successfully penetrate the main armour. The main charge can defeat up to 700mm of armour, enough to defeat the heaviest armoured vehicles. An undisclosed Carl-Gustaf customer has ordered HEAT 758 and production is underway. HEAT 758 uses Saab's Firebolt technology, meaning it can communicate with the Carl-Gustaf M4 weapon in which it is loaded and with the Fire Control Device 558 used to aim the M4, thereby simplifying the workload on the gunner while increasing first-round hit probability. Announcement • Apr 01
Saab AB (Publ) Approves Dividend for the Year 2025, Payable on 10 April 2026 and on 9 October 2026 Saab AB (publ) announced the Annual General Meeting held on 1 April 2026 decided on a dividend of SEK 2.40 per share to the shareholders, to be paid out in two equal instalments. At the first instalment, SEK 1.20 per share is paid with the record date 7 April 2026. At the second instalment, SEK 1.20 per share with the record date 6 October 2026. Payment of the dividend is expected to be made from Euroclear Sweden AB on 10 April 2026 and 9 October 2026, respectively. Announcement • Mar 13
Saab AB (Publ) Announces Developing Its Naval Offering and Consolidating Its Naval Operations into One Business Area, Effective from April 1, 2026 Saab AB (publ) announced developing its naval offering and consolidating its naval operations into one business area. In doing so, Saab increases the value it delivers to customers by creating synergies, improving efficiency and strengthening innovation. The new business area will be named Naval. The organisational change takes effect from 1 April 2026. This means that the operations of business area Kockums will be merged with the majority of the Naval Combat Systems unit, which currently forms part of business area Surveillance. The new business area Naval will be led by Mats Wicksell who is currently head of business area Kockums. Saab's naval operations are currently spread across several organisational units. Business area Kockums develops and produces surface vessels, submarines and autonomous underwater vehicles. Business unit Naval Combat Systems develops and produces combat management systems, fire control systems and secure communications solutions, as well as providing integration of these. The new business area Naval now brings these operations together under one organisation. Recent Insider Transactions • Feb 24
President recently sold €931k worth of stock On the 16th of February, Micael Johansson sold around 16k shares on-market at roughly €58.56 per share. This transaction amounted to 7.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Micael has been a net seller over the last 12 months, reducing personal holdings by €2.1m. Announcement • Feb 24
Joakim Westh Announces Not Stand for Re-Election to the Board of Saab AB (Publ) Saab AB (publ) announced that Joakim Westh has declined re-election to the board. Recent Insider Transactions • Feb 23
President recently sold €931k worth of stock On the 16th of February, Micael Johansson sold around 16k shares on-market at roughly €58.56 per share. This transaction amounted to 7.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Micael has been a net seller over the last 12 months, reducing personal holdings by €2.1m. Recent Insider Transactions • Feb 12
Insider recently sold €282k worth of stock On the 5th of February, Mats Wicksell sold around 5k shares on-market at roughly €58.75 per share. This transaction amounted to 83% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.5m. Insiders have been net sellers, collectively disposing of €8.3m more than they bought in the last 12 months. Reported Earnings • Feb 06
Full year 2025 earnings released: EPS: kr11.77 (vs kr7.81 in FY 2024) Full year 2025 results: EPS: kr11.77 (up from kr7.81 in FY 2024). Revenue: kr79.1b (up 24% from FY 2024). Net income: kr6.31b (up 51% from FY 2024). Profit margin: 8.0% (up from 6.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Aerospace & Defense industry in Europe. Announcement • Feb 06
Saab AB (publ) Proposes Dividend for the Year 2025 Saab AB (publ) announced the board proposed a dividend for the year 2025 of SEK 2.40 per share (SEK 2.00 per share). Announcement • Jan 15
Saab Launches Second Polish SIGINT Ship On 14 January 2026, the launch of Poland's second SIGINT (Signals Intelligence) ship from Saab, ORP Henryk Zygalski, took place in Gdansk, Poland. ORP Henryk Zygalki is the second and final SIGINT ship built for Poland within the 'DELFIN' programme. The first ship named ORP Jerzy Rozycki, was launched on 1 July 2025. Before entering service, both ships will be equipped with the necessary reconnaissance systems and will undergo sea trials. Ship-based electronic intelligence systems will enable the acquisition of intelligence data across the entire spectrum of maritime electronic intelligence as part of its SIGINT role. The vessels within the 'DELFIN') programme are built by Saab as the prime contractor. Remontowa Shipbuilding S.A. is subcontracted to construct the ships, with Polish company MMC supporting Saab with design work. Saab is fully responsible for supplying and integrating the advanced mission systems. Other entities within the Polish defence industry are also involved in the implementation of the project. Deliveries of the ships, once the next phase of onboard installation work and sea trials are completed, are planned during 2027 and 2028. New Risk • Jan 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 6.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €57.58, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 26x in the Aerospace & Defense industry in Europe. Recent Insider Transactions • Nov 24
Insider recently sold €613k worth of stock On the 17th of November, Gorgen Johansson sold around 12k shares on-market at roughly €51.06 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.6m more than they bought in the last 12 months. Reported Earnings • Oct 26
Third quarter 2025 earnings released: EPS: kr1.78 (vs kr1.81 in 3Q 2024) Third quarter 2025 results: EPS: kr1.78 (down from kr1.81 in 3Q 2024). Revenue: kr15.9b (up 17% from 3Q 2024). Net income: kr957.0m (flat on 3Q 2024). Profit margin: 6.0% (down from 7.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Aerospace & Defense industry in Europe. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €44.64, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 27x in the Aerospace & Defense industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €17.89 per share. Announcement • Oct 02
Saab AB (publ), Annual General Meeting, Apr 01, 2026 Saab AB (publ), Annual General Meeting, Apr 01, 2026. Location: linkoping Sweden Announcement • Oct 01
Saab AB (Publ) Announces the Appointment of Nomination Committee for Annual General Meeting 2026 The Nomination Committee for Saab AB for the Annual General Meeting 2026 has now been appointed based on the shareholder structure on 29 August 2025. Members of the Saab Nomination Committee are: Marcus Wallenberg, Chairman of the Board of Saab ABDaniel Nodhäll, Investor ABPeter Wallenberg Jr, Wallenberg Investments ABOscar Bergman, Swedbank Robur FundsRoss Bendetson, WCM Investment Management. The Nomination Committee is assigned to prepare proposals regarding Chairman of the Annual General Meeting, Board of Directors, Chairman of the Board of Directors, Auditor as well as Board remuneration and fee to the Auditor. The Annual General Meeting of Saab AB will be held on Wednesday, 1 April 2026 in Linköping, Sweden. Announcement • Aug 19
Saab AB (publ) (OM:SAAB B) acquired Deform Ab. Saab AB (publ) (OM:SAAB B) acquired Deform Ab on August 18, 2025. As part o the acquisition, the name Deform will be retained and operations will continue in Degerfors. Deform Ab currently has 37 employees.
Saab AB (publ) (OM:SAAB B) completed the acquisition of Deform Ab on August 18, 2025. Reported Earnings • Jul 20
Second quarter 2025 earnings released: EPS: kr2.85 (vs kr1.87 in 2Q 2024) Second quarter 2025 results: EPS: kr2.85 (up from kr1.87 in 2Q 2024). Revenue: kr19.8b (up 30% from 2Q 2024). Net income: kr1.53b (up 53% from 2Q 2024). Profit margin: 7.7% (up from 6.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Aerospace & Defense industry in Europe. New Risk • Jul 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Recent Insider Transactions • Jun 10
Insider recently sold €459k worth of stock On the 5th of June, Gorgen Johansson sold around 10k shares on-market at roughly €45.87 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.2m. Insiders have been net sellers, collectively disposing of €6.0m more than they bought in the last 12 months. Recent Insider Transactions • May 22
Independent Deputy Chairman recently bought €1.3m worth of stock On the 19th of May, Bert Ake Nordberg bought around 30k shares on-market at roughly €41.73 per share. This transaction increased Bert Ake's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Bert Ake has been a buyer over the last 12 months, purchasing a net total of €2.0k worth in shares. Reported Earnings • Apr 27
First quarter 2025 earnings released: EPS: kr2.37 (vs kr1.44 in 1Q 2024) First quarter 2025 results: EPS: kr2.37 (up from kr1.44 in 1Q 2024). Revenue: kr15.8b (up 11% from 1Q 2024). Net income: kr1.27b (up 65% from 1Q 2024). Profit margin: 8.0% (up from 5.4% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Aerospace & Defense industry in Europe. Announcement • Apr 10
Saab AB (publ) Approves Dividend for 2024, Payable on 17 April 2025 and on 10 October 2025 Respectively Saab AB (publ) at its Annual General Meeting held on 10 April 2025, decided on a dividend of SEK 2 per share to the shareholders, to be paid out in two equal instalments. At the first instalment, SEK 1 per share is paid with the record date 14 April 2025. At the second instalment, SEK 1 per share is paid with the record date 7 October 2025. Payment of the dividend is expected to be made from Euroclear Sweden AB on 17 April 2025 and 10 October 2025, respectively. Announcement • Oct 22
Saab AB (publ) to Report Q1, 2025 Results on Apr 25, 2025 Saab AB (publ) announced that they will report Q1, 2025 results on Apr 25, 2025 Announcement • Oct 02
Saab AB (publ), Annual General Meeting, Apr 10, 2025 Saab AB (publ), Annual General Meeting, Apr 10, 2025. Location: linkoping Sweden 
