Scandinavian Astor Group AB Records Strong Q4 Growth

Scandinavian Astor Group AB concluded FY'25 with remarkable results in Q4, capitalizing on increased defense demand. The company reported a 107% year-on-year sales growth reaching SEK 189 million, with an EBITDA of SEK 45 million, representing a 23.8% margin. Organic growth during the quarter was noteworthy at 51%, despite the rapid expansion of the group.

The company's performance was solid across its divisions. Astor Industry saw a 49% sales increase, Astor Tech climbed 51%, while Astor Protect, heavily driven by M&A activities, achieved sales of SEK 52 million. Astor Tech notably excelled with an EBITDA margin of 36.3%.

While Q4 order intake was relatively soft, the company ended the year with an order book valued at SEK 420 million, with SEK 409 million expected for delivery in 2026. Despite the quarterly booking fluctuation, overall demand remains robust, supported by order momentum from major players like BAE Systems and Saab.

The focus on Ammunity scaling remains pivotal, with a SEK 92 million investment aimed at expanding capacity. Astor's sound balance sheet, with SEK 211 million cash, ensures continued organic growth potential and selective M&A opportunities.