On November 5, 2025, Swedavia received a credit rating of Baa1 (positive outlook) from Moody’s Ratings.

“The fact that we have received a solid investment grade rating is a good testament to Swedavia’s credibility and stability as a company. The rating gives us greater flexibility and access to cost-effective financing on the capital market, which further strengthens the conditions for continued development of our airports,” says Kristina Ferenius, Swedavia’s CFO.

Swedavia’s Board of Directors has also decided to introduce a cash flow-based capital structure target in the form of FFO/Debt instead of the previous debt ratio target. Swedavia finances most of its investments in the capital market and the new target is more market-oriented. The target level was set at ≥10%. Other financial targets were left unchanged. The new target will be monitored and reported with effect from the fourth quarter of 2025.

The Swedavia Group owns, operates and is developing 10 airports throughout Sweden. Our role is to create the connectivity Sweden needs to facilitate travel, business and meetings. Safe, satisfied passengers are the foundation of Swedavia’s business. Swedavia is a world leader in developing airports with the least possible environmental impact. Since 2020, Swedavia’s own airport operations have been fossil-free at all ten airports. In 2024, the group had sales of approximately SEK 6.4 billion and has approximately 2,750 employees.

Source: Swedavia AB