Sweden's Clavister Q2 net sales rise 63% to record high on higher defence deliveries

Clavister AB

20/08/2026 07:12

Overview
Sweden cybersecurity firm's Q2 net sales rose 63% yr/yr to record 89 mln SEK
Q2 EBIT swung to 13 mln SEK profit from loss last year
Company secured 14 mln SEK order from Norwegian Defence Materiel Agency

Outlook
Clavister says it is well positioned to develop civilian and defence businesses

Result Drivers
ORDER BACKLOG - Co cited a substantial order backlog and extensive sales pipeline as supporting growth and improved profitability
DEFENCE CONTRACT - Co secured a 14 mln SEK order from the Norwegian Defence Materiel Agency in the quarter
GROSS MARGIN - Gross margin increased to 82.5% from 81.1% yr/yr, contributing to improved profitability

Company press release: ID:nMFN7sWvrh

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
 
SEK 89.20 mln
 
Q2 Net Income
 
SEK 10 mln
 
Q2 EBIT
 
SEK 12.60 mln
 
Q2 EBITDA
 
SEK 24.60 mln
 
Q2 Orders
 
SEK 57 mln
 

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the communications & networking peer group is "buy"
Wall Street's median 12-month price target for Clavister AB is SEK6.55, about 34.2% above its August 19 closing price of SEK4.88
The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 25 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)