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Saab AB (SAABb.ST)

SAABb.ST on Stockholm Stock Exchange

394.80SEK
23 Apr 2018
Change (% chg)

1.60kr (+0.41%)
Prev Close
393.20kr
Open
393.70kr
Day's High
395.10kr
Day's Low
392.00kr
Volume
99,164
Avg. Vol
253,585
52-wk High
455.40kr
52-wk Low
332.00kr

Latest Key Developments (Source: Significant Developments)

Saab Borrows 1,250 Million Sek In The Bond Market
Wednesday, 21 Mar 2018 12:17pm EDT 

March 21 (Reuters) - Saab AB ::SAYS BORROWS 1,250 MILLION SEK IN THE BOND MARKET.  Full Article

Saab Q4 earnings lag forecast, proposes dividend below expectations ​
Friday, 16 Feb 2018 01:30am EST 

Feb 16 (Reuters) - Reuters Poll: Saab ::SAYS ‍SALES GROWTH IN 2018 IS EXPECTED TO BE IN LINE WITH SAAB'S LONG-TERM GOAL: ANNUAL ORGANIC GROWTH OF 5 PER CENT.​.SAYS ‍OPERATING MARGIN IN 2018, EXCLUDING MATERIAL NON-RECURRING ITEMS, IS EXPECTED TO IMPROVE COMPARED TO 2017​.SAYS ‍IN 2018, FOCUS ON EFFICIENCY IMPROVEMENTS WILL CONTINUE​.Q4 SALES ‍9,819​ MILLION SEK VERSUS MEAN FORECAST 10,130 MILLION IN REUTERS POLL.Q4 EBIT ‍882​ MILLION SEK VERSUS MEAN FORECAST 1,105 MILLION IN REUTERS POLL.SAYS BOARD OF DIRECTORS DECIDED TO PROPOSE TO THE ANNUAL GENERAL MEETING THAT THE PARENT COMPANY’S SHAREHOLDERS RECEIVE A DIVIDEND OF SEK 5.50 PER SHARE‍​.DIVIDEND WAS SEEN AT 6.15 SEK/SHARE.  Full Article

CS Communication & Systemes Selected With Saab By DSNA For Modernization Of Paris Airports
Monday, 18 Dec 2017 09:11am EST 

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 10:45am EST 

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 01:30am EDT 

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 Q2 EBIT misses forecasts
Thursday, 20 Jul 2017 01:30am EDT 

July 20 (Reuters) - Saab AB :Q2 order bookings 10,853 million SEK versus mean forecast 10,827 million SEK in Reuters poll.Q2 EBIT 393 million SEK versus mean forecast 448 million SEK in Reuters poll.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.Says we expect operating margin, excluding material non-recurring items, to improve compared to 2016 and thus the company will take a step towards its financial goal: an operating margin of 10 per cent.  Full Article

Saab wins order worth about SEK 100 mln from U.S. Army
Monday, 10 Jul 2017 08:06am EDT 

July 10 (Reuters) - Saab AB :Saab says wins order worth about SEK 100 million from U.S. Army.Says Saab in cooperation with Lockheed Martin are awarded a contract for training system .Says order value for Saab's part of the contract is approximately MSEK 100 with deliveries taking place between 2017 and 2018.  Full Article

Hanza gets a SEK 16 million order from Saab
Friday, 5 May 2017 02:37am EDT 

May 5 (Reuters) - HANZA AB :HANZA EXPANDS ITS COOPERATION WITH SAAB.RECEIVED ORDER ON COMMUNICATIONS EQUIPMENT FROM SAAB WITH DELIVERY 2017.AGREEMENT COVERS PRODUCTION OF COMPUTER PRODUCTS TO THE INTERNATIONAL MARKET AND HAS A TOTAL ORDER VALUE OF ABOUT SEK 16 MILLION.  Full Article

Saab Q1 operating profit and orders top forecast
Wednesday, 26 Apr 2017 01:30am EDT 

April 26 (Reuters) - Saab AB :Says we estimate that sales growth in 2017 will be higher than Saab's long-term financial goal: annual organic sales growth of 5 per cent..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.Q1 order bookings 9,701 million SEK versus mean forecast 8,475 million in Reuters poll.Q1 EBIT 492 million SEK versus mean forecast 397 million in Reuters poll.  Full Article

Saab says head of Aeronautics unit steps down
Monday, 6 Mar 2017 02:35am EST 

Saab AB : Says Ulf Nilsson will leave his position as head of business area Aeronautics and thus group management . Says Lennart Sindahl becomes acting head of business area aeronautics and an adjunct member of group management. .Says recruitment of a new head of the business area has begun.  Full Article

UPDATE 2-India opens contest to supply more than 100 fighter jets

* Must be built largely in India (Adds Lockheed Martin's comment)