contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


saab-och-joint-stock-company-ukrainian-defense-industry-tecknar-samarbetsavtal

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Saab is active in the defense and aerospace industry and focuses on the development, manufacture and distribution of defense and security systems. The company's products include fighter aircraft, radar and surveillance systems. The operations are global with a primary presence in Europe, North America and Asia. Saab was founded in 1937 and is headquartered in Stockholm.

American defense companies have some production (mainly components) in Europe. Do you see an opportunity here to increase the production of end products in Europe to meet the needs of European countries through investments by American companies in Europe? Would this require licensing from the US? The advantage would, of course, be that the development work has been completed and the products have been field-tested, which could save both time and costs.

Buying air defense the way people buy insurance is how you end up with the Maginot Line problem. You can build something formidable in one place, then get outflanked by the gaps you ignored. My read is that many of Ukraine’s fast moving solutions sit in short- and medium-range buckets. Lasers also sit there. Light travels far, but combat lasers are subject to geometry or weather. They need line of sight, and the atmosphere degrades beam quality through turbulence, absorption, and scattering. That caps practical engagement ranges, at least over the next few years. We will see how that develops. But even a highly-effective short-range laser still needs long-range sensors to detect threats early and cue the engagement before the target is inside the laser’s limited window. The shortage, however, sits at the long-range layer. Europe needs more long-range interceptors and the industrial capacity to sustain them, or risk being forever dependent on the US (which by the way the US does not seem to want). But building only that layer is not a cost-efficient answer. You also need the adjacent tiers, short-range defense, counter-UAS, sensors, and command and control, because they increase mission effect per expensive interceptor. The cheapest “kill” is often the one you did not have to take. Cost-efficiency comes from the architecture and the engagement logic, not from piling into one “cheap” effector. On supplier exposure, Rheinmetall is already well positioned in air defense, including gun based short-range solutions, long-range missiles through partnerships, and has laser exposure via cooperation with MBDA in Germany, which includes plans to establish a naval laser joint venture in 2026 (we’ll see). Saab looks more skewed toward sensors and short-range effectors, which still creates upside, but the mix is different. On the cost-efficient effector side, Saab has Nimbrix, a compact counter UAS missile with intercept range up to 5 km. On the longer-range side, Saab and Boeing have the GLSDB, which Saab markets with a stated range of 150 km. On lasers, the UK DragonFire effort is also moving, led by MBDA with Leonardo and QinetiQ, and the UK has highlighted operating cost below £10 per shot in demonstrations. And, you mentioned Israel there. Zooming out, nations still need a balanced air defense infrastructure. Decades of underinvestment have left Europe with thin magazines and uneven layering (more short-range when long-range needed and vice versa). At the same time, Europe has leaned heavily on US supply chains and has not kept enough capacity at home. Rebuilding the defense industrial base is hard because it is constrained by skilled labor, qualified sub-suppliers, energy and permitting friction, and long qualification cycles. The implication is straightforward. Policy support and funding will need to persist for years if we want a well-functioning defense industrial base, and that flow will lift primes while also creating room for new entrants that improve the technology base over time. It will not be instant.

There is certainly a need for increased missile production. But considering Ukraine’s defense, countering drones with missiles is truly cost-ineffective, and cheaper solutions already exist. Ukraine has developed, among other things, interceptor drones that are now even much cheaper than the drones sent by Russia. One alternative is laser systems where the cost per shot is a euro or two. While acquiring the system is quite expensive, for long-term needs—as seen now in Ukraine—it is also economically cost-effective. At least the Israeli company Rafael already has ready-to-use laser systems, and apparently Ukraine has its own laser system under development. So, with the development of more cost-effective systems, interceptor missiles are mainly being reserved for countering ballistic/cruise missiles and aircraft. I wonder if Saab has any cost-effective defense systems in its development pipeline?

Below are Renato’s comments on, among other things, how the shortage of interceptor missile stocks in Europe bodes well for Saab’s business. One of the key messages from the Munich Security Conference was that long-range air defense stockpiles have been depleted. We see these comments as potentially positive for GLSDB and moderately positive for Saab’s GlobalEye surveillance business, and the impact could increase revenue by approximately 1-2.5 BSEK in 2026, corresponding to about 1-3% growth. The lack of long-range deterrence supports our European sovereignty thesis, which is the foundation of Saab’s investment story, but it does not change our forecasts.                   Inderes              Saab: Torjuntaohjusten niukkuus nostaa GlobalEyen arvoa - Inderes    Euroopan tyhjät torjuntaohjusvarastot eivät luo kysyntää GlobalEyelle, mutta ne nostavat valvonnan ja johtamisjärjestelmien rajahyötyä.

Here are Renato’s comments on the deal Saab made with the Ukrainian defense industry.  Saab announced that it has signed a Memorandum of Understanding (MoU) with Joint Stock Company “Ukrainian Defense Industry” (JSC UDI) for cooperation in the fields of aviation and air surveillance. Signed at the Munich Security Conference, the MoU aims to support Ukraine’s defense capabilities by leveraging Saab’s aviation and sensor expertise. While the partnership is a significant strategic milestone, we view it as long-term option value rather than a short-term financial driver. This announcement does not lead to changes in our current forecasts.                   Inderes              Saab: Suuri otsikko, toistaiseksi pienet luvut - Inderes    Aiesopimus viestii aikomuksesta, ei liikevaihdosta. Se vahvistaa ITAR-vapaata suvereniteettiteesiä, mutta luvut ovat pitkäkestoisia.

And here is the company report from Renato.  Saab’s Q4 results were strong across all divisions, and the full-year 2025 results were very solid, exceeding both consensus and our expectations. We see demand continuing at a structurally higher level that is unlikely to return to previous levels in the near future. This strengthens the outlook for defense spending, but structurally higher demand only matters if orders can be converted into delivered capabilities on time. As Saab continuously demonstrates its ability to generate profitable growth with a growing order backlog by being proactive regarding capacity, we believe the company is well-positioned to achieve its updated financial targets and maintain growth. Against this backdrop, we are raising our forecasts from 2026 onwards. Our revised forecasts imply a smaller downside risk, but we still see the expected return as unattractive due to high valuation. We raise our target price to SEK 615 (prev. SEK 550) and upgrade our recommendation to the Reduce level (Sell).                   Inderes              Saab Q4'25: Arvoa aikaistettu, arvostusriski säilyy - Inderes    Vahvempi toimitusvauhti ja nostetut tavoitteet, mutta osake hinnoittelee edelleen lähes virheetöntä suoritusta.

Renato has written his quick comment on Saab’s Q4 results.  Saab’s best quarter ever, order intake was record-breaking and group revenue was 27.7 BSEK, up 33% year-on-year, which clearly exceeded our estimates. Adjusted operating profit was 2.9 BSEK, representing a 10.6% margin and also exceeding our estimates. Growth and profitability were mainly driven by volumes and project execution in the Surveillance and Dynamics segments. Earnings per share was 4.73 SEK, whereas we had expected 3.73 SEK.                   Inderes              Saab Q4’25 -pikakommentti: Ennätystilaukset, tavoitteita päivitettiin - Inderes    Saabin vuosi 2025 päättyi erittäin vahvasti.

Saab

Saab och det ukrainska försvarbolaget Joint Stock Company "Ukrainian Defense Industry" (JSC UDI) har tecknat avtal om avsikten att inleda ett samarbete kopplat till flyg och luftburen övervakning...

<div class="abstract">Saab och det ukrainska försvarbolaget Joint Stock Company "Ukrainian Defense Industry" (JSC UDI) har tecknat avtal om avsikten att inleda ett samarbete kopplat till flyg och luftburen övervakning. Båda bolagen kommer att bidra med sitt respektive kunnande och syftet med avtalet är att stärka Ukrainas försvarsförmåga.&nbsp;</div>Avtalet tecknades idag på den internationella försvarskonferensen Munich Security Conference 2026 i Tyskland.&nbsp;JSC UDI är en erfaren och strategiskt positionerad leverantör av försvarsmateriel och hårdvara för militär tillämpning. Inom bolaget samlas ett antal aktörer, såväl statliga som industriföretag, och det är en viktig del i landets försvars- och säkerhetssektor. Saab kommer att bidra med sin erfarenhet från försvarsindustrin och ledande kompetens inom flygområdet samt inom teknik för luftburna övervakningssystem.&nbsp;- Vi ser fram emot samarbetet med JSC UDI och att gemensamt utforska möjligheter kopplade till Ukraina. Saab står fast vid att stödja Ukrainas försvarsförmåga och försvarssektor, säger Anders Carp, vice vd för Saab.KontaktSaabs presscenter +46 (0)734 180 018 <a href="mailto:presscentre@saabgroup.com">presscentre@saabgroup.com</a>&nbsp; &nbsp;Saab är ett ledande försvars- och säkerhetsföretag med uppdrag att hjälpa nationer att skydda sin befolkning och bidrar till trygghet för människor och samhällen. Med 27 000 talangfulla medarbetare utvecklar Saab teknik och lösningar för en säkrare och mer hållbar värld. Saab utvecklar, tillverkar och underhåller avancerade system inom flygteknik, vapen, ledningssystem, sensorer och undervattenssystem. Saab har sitt huvudkontor i Sverige men en global verksamhet där Saab är en del av många nationers försvarsförmåga. &nbsp;<div></div>