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Saab AB (SAABb.ST)

SAABb.ST on Stockholm Stock Exchange

408.40SEK
5:00pm BST
Change (% chg)

-4.80kr (-1.16%)
Prev Close
413.20kr
Open
412.50kr
Day's High
413.10kr
Day's Low
406.30kr
Volume
316,842
Avg. Vol
261,429
52-wk High
441.10kr
52-wk Low
332.00kr

Latest Key Developments (Source: Significant Developments)

Saab Q2 EBIT Misses Estimate
Friday, 20 Jul 2018 

July 20 (Reuters) - Saab AB ::Q2 ORDER BOOKINGS SEK 6,529 MILLION.Q2 SALES SEK 7,953 MILLION.Q2 OPERATING INCOME SEK 458 MILLION.REUTERS POLL: SAAB Q2 OPERATING INCOME SEEN AT SEK 552 MILLION, SALES AT 8,390 MILLION.ESTIMATE THAT SALES GROWTH IN 2018 WILL BE IN LINE WITH SAAB'S LONG-TERM FINANCIAL GOAL: ANNUAL ORGANIC SALES GROWTH OF 5 PER CENT.OPERATING MARGIN IN 2018, EXCLUDING MATERIAL NON-RECURRING ITEMS, IS EXPECTED TO IMPROVE COMPARED TO 2017.AN ANALYSIS IS UNDERWAY TO IDENTIFY MEASURES TO FURTHER INCREASE PRODUCTIVITY. AIM IS TO LAUNCH THEM THIS AUTUMN.SECURITY CONCERNS AND RAPID TECHNOLOGICAL DEVELOPMENTS HAVE LED TO INCREASED INVESTMENT IN DEFENCE MATERIEL IN MANY REGIONS OF THE WORLD..  Full Article

Bharat Electronics Signs MoU With Saab, Sweden
Monday, 16 Jul 2018 

July 16 (Reuters) - Bharat Electronics Ltd ::SIGNS MOU WITH SAAB, SWEDEN, FOR JOINTLY MARKETING THE L-BAND 3D AIR SURVEILLANCE RADAR, RAWL-03.  Full Article

Saab Receives Order For Naval Radars
Tuesday, 26 Jun 2018 

June 26 (Reuters) - Saab AB ::SAAB RECEIVES ORDER FOR NAVAL RADARS.HAS SIGNED A CONTRACT FOR DELIVERY OF MULTI-ROLE NAVAL RADAR SEA GIRAFFE AMB AND ASSOCIATED EQUIPMENT INCLUDING SPARE PARTS.WORK FOR INITIAL PHASE OF CONTRACT WILL BE CARRIED OUT DURING PERIOD OF 2018-2019.CONTRACT ALSO INCLUDES OPTIONS FOR MORE THAN 10 ADDITIONAL SEA GIRAFFE AMB.DUE TO CIRCUMSTANCES CONCERNING PRODUCT AND CUSTOMER, FURTHER INFORMATION ABOUT CUSTOMER WILL NOT BE ANNOUNCED.  Full Article

Saab Wins Carl-Gustaf M4 Weapons Order From The Swedish Armed Forces
Friday, 25 May 2018 

May 25 (Reuters) - Saab AB ::SAAB RECEIVES ORDER FOR DELIVERIES OF CARL-GUSTAF M4 TO THE SWEDISH ARMED FORCES.DELIVERY WILL TAKE PLACE DURING 2018.  Full Article

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

India's Modi faces calls for resignation over French jet deal

NEW DELHI/PARIS, Sept 22 Indian Prime Minister Narendra Modi faced calls for his resignation over allegations of corruption in a military jet deal with France after former French president Francois Hollande was quoted as saying New Delhi had influenced the choice of a local partner.