A Swedish Leader in Tactical Communication

A Hidden Gem in Defense with Explosive Dividend Growth

Our new Focus Stock from Sweden is a little-known Defense and Public Safety play that is perfectly positioned to benefit from the surging defense spending in Europe.

Of course, we are primarily looking at the dividend of this stock, which, with a market value of less than $2 billion, is still a relatively small player.

In recent weeks, the stock price has soared, in line with other defense companies in Europe. Valuation is high, but so are the growth figures—and that certainly applies to the dividend, which is set to nearly double this year. There’s even more growth ahead in the coming years!

This company’s revenue surged by nearly 46% in 2024, reaching a record SEK 1.8 billion. In 2023, growth was even higher at 59.7%.

Our new focus stock is hiking its dividend by nearly 77% this year to SEK 2.30 per share, following an 86% increase in 2024—an exceptional rate of growth