Edition:
United Kingdom

Saab AB (SAABb.ST)

SAABb.ST on Stockholm Stock Exchange

402.40SEK
22 Jan 2018
Change (% chg)

-1.60kr (-0.40%)
Prev Close
404.00kr
Open
405.00kr
Day's High
405.80kr
Day's Low
400.40kr
Volume
164,275
Avg. Vol
241,655
52-wk High
455.40kr
52-wk Low
341.10kr

Latest Key Developments (Source: Significant Developments)

CS Communication & Systemes Selected With Saab By DSNA For Modernization Of Paris Airports
Monday, 18 Dec 2017 

Dec 18 (Reuters) - CS COMMUNICATION & SYSTEMES SA ::SELECTED WITH SAAB BY DSNA.CONSORTIUM OF SAAB AND CS GROUP TO MODERNIZE DSNA AIR TRAFFIC MANAGEMENT SYSTEM AT PARIS-CDG, PARIS-LE BOURGET AND PARIS- ORLY.  Full Article

RAYTHEON AND SAAB PARTNER TO DEVELOP NEW WEAPONS FOR INFANTRY FORCES
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Raytheon Co ::RAYTHEON, SAAB TEAM TO DEVELOP NEW INFANTRY WEAPONS.RAYTHEON - ‍ INITIALLY, CO, SAAB WILL UPGRADE THE CARL-GUSTAF RELOADABLE SHOULDER-LAUNCHED WEAPON SYSTEM ​.RAYTHEON - ‍INITIALLY, CO, SAAB WILL ALSO EXPLORE OPPORTUNITIES TO "ENHANCE" SAAB'S AT4 DISPOSABLE WEAPON SYSTEM ​.  Full Article

Saab Q3 operating profit beats forecast, repeats outlook
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Saab :Says ‍we estimate that sales growth in 2017 will be higher than Saab's long-term financial goal: annual organic sales growth of 5 percent​.Q3 order bookings ‍3,701​ million SEK versus mean forecast 3,143 million in Reuters poll.Says ‍we expect operating margin, excluding material non-recurring items, to improve compared to 2016​.Q3 EBIT ‍388​ million SEK versus mean forecast 326 million in Reuters poll.Says ‍we expect operating margin, excluding material non-recurring items, to improve compared to 2016 and thus company will take a step towards its financial goal: an operating margin of 10 percent​.  Full Article

Saab Q4 operating profit lags forecast
Monday, 13 Feb 2017 

Saab AB : Says board of directors proposes a dividend for 2016 of SEK 5.25 per share (5.00), vs mean forecast 5.56 [nL5N1FU4QW] . Saab ab Q4 order bookings 6,868 million SEK (18,576) . Says we estimate that sales growth in 2017 will be higher than Saab's long-term financial goal: annual organic sales growth of 5 percent . Saab AB Q4 EBIT 960 million SEK (1,347) versus mean forecast 1,132 million in reuters poll . Says we expect operating margin, excluding material non-recurring items, to improve compared to 2016 and thus company will take a step towards its financial goal: an operating margin of 10 per cent .Says in Q4, order bookings were somewhat lower than anticipated, as a major order in airborne surveillance systems was delayed until january 2017.  Full Article

Saab acquires Phaeros Group
Wednesday, 31 Aug 2016 

Saab acquires Phaeros Group: Says Phaeros employs 27 people in Antwerp, Belgium and Chennai, India . Says company will be integrated into business area surveillance, product area maritime traffic management Further company coverage: [SAABb.ST] (Reporting By Simon Johnson) ((simon.c.johnson@thomsonreuters.com;)).  Full Article

Saab Ab receives ammunition order from U.S. Department of Defense
Thursday, 28 Jul 2016 

Saab Ab :Received ammunition order from U.S. Department of Defense for Carl-Gustaf man-portable weapon system.  Full Article

Saab Q2 operating profit just below forecast, outlook unchanged
Thursday, 21 Jul 2016 

Saab : Saab Q2 EBIT 317 million SEK versus mean forecast 380 million in Reuters poll [nL8N1A11NX] . Says operating margin 2016, excluding material non-recurring items, is expected to be in line with 2015 . Saab Q2 order bookings 6,848 million SEK . Says in 2016, we estimate sales to be in line with Saab's long-term financial goal: annual organic sales growth of 5 percent .Says as a consequence of constrained budgets, Saab is seeing an increase in short-term demand for defence capabilities with cost efficient products and solutions.  Full Article

Saab AB says wins support and maintenance order from FMV
Monday, 2 May 2016 

Saab AB:Says receives order from FMV regarding support and maintenance for Helicopter 15.Says order valid for the years 2018 and 2019.Says order includes support and maintenance of all 20 helicopters including materiel and technical personnel, base staff in the form of management, planning and administration, logistics and materiel provision as well as on-call services in the form of additional technical personnel and services.  Full Article

Saab AB wins SEK 150 mln Gripen maintenance order in Sweden
Thursday, 10 Mar 2016 

Saab AB:Receives order for Gripen maintenance support.Says ‍total order value is 150 million​ Swedish crowns.  Full Article

Saab gives guidance on FY 2016, proposes dividend for FY 2015
Wednesday, 10 Feb 2016 

Saab AB:Says proposes dividend of ‍5.00​ Swedish crowns per share for FY 2015.Paid dividend of 4.75 crowns per share for FY 2014.Says ‍operating margin in FY 2016, excluding material non-recurring items, is expected to be in line with FY 2015​.Says in FY 2016, estimates sales to be in line with Saab's long-term financial goal: annual organic sales growth of 5 percent.  Full Article

Photo

Boeing seeks to salve Brazil concerns over Embraer approach

BRASILIA/PARIS Boeing Co sought to calm Brazilian concern about a potential tie-up with Embraer SA after President Michel Temer and other officials warned they would veto any full takeover bid for the regional jet maker. | Video