Sweden's Clavister Q4 net profit rises

Clavister AB

12/02/2026 07:11

Overview

Swedish cybersecurity firm's Q4 net sales rose slightly yr/yr

Company's Q4 net profit improved to 17.7 MSEK from a loss last year

Secured 280 MSEK contract with Norwegian Defence after Q4

Outlook

Clavister sees cybersecurity as a strategic priority in Europe due to changing policies

Company notes growing defense budgets impacting cybersecurity demand

Result Drivers

BAE SYSTEMS ORDER - Clavister received a 26 MSEK follow-on order from BAE Systems Hägglunds for its CyberArmour product, enhancing its order book

EUROPEAN CYBERSECURITY DEMAND - Increased European defense budgets and focus on digital sovereignty are driving demand for Clavister's cybersecurity solutions, per CEO John Vestberg

FINANCIAL RESTRUCTURING - Clavister completed a 157 MSEK share issue and transitioned to a 100 MSEK commercial bank loan, fully repaying its EIB loan

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
SEK 60.60 mln
Q4 Net Income
SEK 17.70 mln
Q4 EBIT
-SEK 1.70 mln
Q4 EBITDA
SEK 9.20 mln
Q4 Orders
SEK 99.40 mln


Analyst Coverage

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 109 three months ago

Press Release: ID:nMFNbTZhPD

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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.)