Saab stock rises over strong Q2 earnings, boosted by growing European defense spending
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 18 2025
0mins
Source: SeekingAlpha
Saab's Financial Performance: Saab's shares rose 10% after reporting a second-quarter profit of 1.98 billion Swedish kronor, exceeding analyst expectations and reflecting a 49% year-on-year increase, driven by heightened European defense spending.
Market Outlook and Demand: CEO Micael Johansson highlighted strong activity in the European defense market, with plans to finalize orders for Gripen fighter jets and Globaleye aircraft, while also raising sales growth forecasts for 2025 amidst increased security funding from the European Commission.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
