Published: 2/27/2026 8:20:36 AM

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Finwire about Safe at Sea AB: Safe at Sea"s revenue and operating profit decrease

The rescue boat manufacturer Safe at Sea reports decreased revenue in the fourth quarter compared with the same period the year before. Operating profit decreased. The board proposes no dividend. Revenue fell 70.6 percent to SEK 3.0 million (10.2).Operating profit was SEK 0.3 million (0.8), with an operating margin of 10.0 percent (7.8). Profit after tax was SEK 0.2 million (0.8), a decrease of 75.0 percent year-on-year. Earnings per share amounted to SEK 0.007 (0.028).No ordinary dividend is proposed (0)."Safe at Sea has in 2025 clearly strengthened its position in the defense sector. From having been relatively unknown, we and our international partners have reached customers in both Europe and within NATO as well as in parts of Southeast Asia. Where we see great opportunities for continued growth. Something that is also very gratifying is that several players and customers from the defense sector are contacting us directly and on the recommendation of relatively new yet already existing customers," says CEO Kaj Lehtovaara. Safe at Sea, SEK millionQ4-2025Q4-2024ChangeNet sales3.010.2-70.6%Operating profit0.30.8-62.5%Operating margin10.0%7.8%Net profit0.20.8-75.0%Earnings per share, SEK0.0070.028-75.0%Ordinary annual dividend per share, SEK00

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