Swedish Companies Showcase Strong Q4 Financial Performance with Saab Leading

Swedish companies Saab, Pandox, Fabege, and Addtech report strong Q4 earnings, exceeding market expectations and raising dividends.

    Key details

  • • Saab achieved record order intake and best free cash flow in 15 years, with a proposed dividend increase to 2.40 SEK per share.
  • • Pandox reported net operating income of 1.304 million SEK, surpassing analyst expectations of 1.200 million SEK.
  • • Fabege increased management result to 371 million SEK and raised dividend to 2.20 SEK per share, despite a slight rental rate decline.
  • • Addtech reported an EBITA of 864 million SEK and a margin of 15.6% for Q3 2025/2026, indicating strong operational performance.

Several major Swedish companies have reported impressive financial results for the fourth quarter of 2025, underscoring a robust end to the fiscal year and signaling positive trends in the Swedish economy.

Saab emerged as a standout performer, with a record high order intake that nearly matches the size of retail giant H&M's order book. The defense company recorded its best free cash flow in 15 years, reflecting exceptional operational success. CEO Micael Johansson highlighted the intense market activity and strong demand driving these results. Correspondingly, Saab's board proposed raising the dividend from 2.00 to 2.40 SEK per share, rewarding shareholders for the company’s stellar year.

In the hospitality sector, Pandox exceeded analysts' expectations by reporting a net operating income of 1.304 million SEK for Q4 2025, surpassing the average forecast of 1.200 million SEK. This performance points to a strong financial position and optimism in the hotel property market.

Meanwhile, Fastighetsbolaget Fabege posted a solid increase in its management result, rising from 333 million SEK in the previous quarter to 371 million SEK. The company announced a higher proposed dividend of 2.20 SEK per share, up from 2.00 SEK. However, a slight dip in rental rates from 87% to 86% was noted, though management described this as a positive signal for the rental market.

Addtech, specializing in technical trading, also reported higher than expected earnings before interest, taxes, and amortization (EBITA) of 864 million SEK for Q3 2025/2026, covering October through December. The firm achieved an EBITA margin of 15.6%, highlighting operational efficiency.

Together, these financial results from Saab, Pandox, Fabege, and Addtech indicate a period of strong corporate earnings across diverse Swedish industries. Rising dividends and record order books reflect confidence among market players, although some caution remains regarding future growth challenges, particularly for Saab as it seeks to maintain its momentum.

This article was translated and synthesized from Swedish sources, providing English-speaking readers with local perspectives.

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