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Saab AB (publ) (SAABY) Q3 2026 Earnings Call Transcript
Swedish defense giant Saab on Friday reported better-than-expected third-quarter earnings and revenue. New orders came in at 65.8 billion Swedish kronor, up from 20.9 billion kronor a year earlier.
Defence group Saab's Q3 operating profit beats expectations
Shares of Saab AB - Unsponsored ADR (OTCMKTS:SAABY - Get Free Report) shot up 3.9% on Monday. The company traded as high as $30.67 and last traded at $30.57. Approximately 5,342 shares traded hands during trading, a decline of 96% from the average session volume of 143,835 shares. The stock had previously closed at $29.4265.
Swedish defence group Saab said on Thursday it wants to take a broader role in the space industry by combining technologies and services from different companies into integrated systems, signing cooperation agreements with SSC Space, OHB Sweden and Ericsson.
The Netherlands has signed a letter of intent with Sweden to acquire a Saab GlobalEye advanced military surveillance aircraft, the Dutch government said on Friday.
Swedish defence group Saab said on Wednesday it had received an order worth around 2.9 billion crowns ($302.99 million) from Sweden for continued work on future military aircraft.
Saab AB benefits from heightened European defense demand, NATO accession, and a strong backlog. Significant capacity expansions in dynamics, especially for NLAW, support scalable growth and margin improvement as automation increases. Big orders in naval should turn around segment margins, and the Gripen continues to gain traction as a more budget option but still a capable platform.
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