Scandinavian Astor Group AB
1.16
EUR
+0.06
(+5.23%)
ISIN
SE0019175274
Return %
Stock
S&P 500
1Y
-57.48
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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FRC
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in mil. unless spec.Company Description
- CEO
- Martin Elovsson
- Full Time Employees
- 219
- Sector
- Electronic technology
- Industry
- Aerospace & defense
- Address
- Torshamnsgatan 9 Kista Sweden
- IPO Date
- Jan 12, 2023
- Website
- astorgroup.se
- Similar Companies
- Business
- Scandinavian Astor Group AB (publ) (NGM: ASTOR) serves as a Swedish defense and security group specializing in high-tech products, services and technical solutions for military defense, civil security and industrial applications; it operates through three business areas—Astor Industry, Astor Tech and Astor Protect—supplying composite and metal components via Astor Industry (including subsidiaries Marstrom Composite, Composite Design Sweden, JPC Composite, Mikroponent and Welas, which produce carbon fiber products, die casting, laser cutting, etching and precision parts for defense, maritime, automotive and aerospace sectors); advanced systems via Astor Tech (including Oscilion's radar jamming and electronic warfare solutions, Scandiflash's flash X-ray systems for dynamic materials research, and Airsafe Sweden's military aviation safety equipment such as parachutes); and security solutions via Astor Protect (personal protective equipment, rescue gear and tactical systems). The group, founded in 2021 and headquartered in Kista, Sweden, with additional facilities across Sweden including Västervik, Avesta and Uppsala, targets government agencies, defense forces and large industrial customers primarily in the Nordic region but also Europe, Africa, the Middle East, Americas and Asia through framework agreements, subcontracting and direct sales. Recent developments include the October 2025 announcement of a merger between JPC Composite and Marstrom Composite to streamline operations; an increase in ownership in associated company Nordic Shield Group AB from 36% to 36.5% via acquisition of additional shares for SEK 2.3 million in October 2025; the late 2024 asset acquisition of ID Modeller AB by Marstrom Composite for SEK 12.75 million to expand composite production; and prior 2024 acquisitions of Airsafe Sweden, Scandiflash and Composite Design Sweden to bolster defense capabilities and manufacturing capacity.