Saab Q3 order backlog reaches SEK 364.2B as sales grow 30%

What happened: Saab reported Q3 results with sales up 29.5% year over year and order bookings up 216%, lifting its order backlog to SEK 364.22B. Key numbers: EPS SEK 2.57 vs SEK 1.77, up 45%. Revenue SEK 20.55B, organic growth 30.6%. EBIT SEK 1.95B, margin 9.5% vs 8.7%. Net income SEK 1.43B vs SEK 975M. Order bookings SEK 65.83B, book-to-bill 3.2x. Why it matters: Saab reiterated its 2023 to 2027 targets of around 22% organic sales growth CAGR and operating income growth exceeding organic sales growth, but gave no new full-year 2026 forecast.

Saab reported Q3 results with sales up 29.5% year over year and order bookings up 216%, lifting its order backlog to SEK 364.22B.

Saab reiterated its 2023 to 2027 targets of around 22% organic sales growth CAGR and operating income growth exceeding organic sales growth, but gave no new full-year 2026 forecast.