Summa Defence Oyj (STO:SUMMAS)
4.755
+0.080 (1.71%)
At close: Sep 4, 2026
Summa Defence Oyj Earnings Call Transcripts
Fiscal Year 2026
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Net sales grew strongly in H1 2026, driven by major defense orders, with the order book reaching €105 million and over half from defense and security. Despite improved EBITDA losses, profitability remains below target due to high costs and working capital constraints.
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A new strategy targets €500 million in medium-term revenue, focusing on maritime, ground, and new technologies, with growth driven by both organic expansion and M&A. Financial turnaround is underway, with established units generating most sales and innovation in drones and AR. Defense is a growing segment, and international expansion is prioritized.