Analyst Research Report Snapshot

Title:

SAAB - TAKING DECISIVE ACTION

Price:

$10.00

Provider:

Edison Investment Research

Date:

24 Jul 2013

Pages:

2

Type:

AcrobatPDF

Companies referenced:

SAABb.ST

Available for Immediate Download
Summary:

Saab’s half-year results reflect the continuing difficult market environment and the group’s increased investment in R&D to ensure it remains competitive internationally. With the market unlikely to improve significantly during 2013, the group reduced guidance for the year and announced the implementation of an efficiency programme expected to yield SEK500m of savings from 2014. Despite the challenges, Saab did receive several important strategic contracts, with order intake up 89%. However short-cycle businesses continue to struggle. With a country-focused structure implemented in January and a position as a cost-effective supplier, Saab is a credible force in the export market.

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