Micael Johansson, President and CEO Christian Luiga, CFO and Deputy CEO
Market status
Changed security landscape, European defence spend to significantly increase
Growing importance of security of supply
Increased opportunity for Saab with Swedish NATO membership
Strong interest for Saab's product portfolio
Saab well positioned to meet increased customer demand
Different lead times for different parts of the product portfolio
2
Q2 2022 Highlights
Orders Growth
17,363 MSEK 76%
(9,875 MSEK)
EBITDA Margin
1,255 MSEK 12.3%
(1,196 MSEK) (11.8%)
OCF
531 MSEK
(3,152 MSEK)
Sales Growth
10,171 MSEK 0.4%
(10,131 MSEK)
EBIT Margin
738 MSEK
7.3%
(715 MSEK)
(7.1%)
Strong order intake
Sales in line with last year
Increased EBIT and EBIT margin
Positive operational cash flow
Keel-layingceremony for first A26 submarine
Completion of T-7AEMD-phase deliveries
Sustainability efforts continued, all Climate Task Forces initiated
Key orders in Q2
Studies on future
Two GlobalEye for Swedenfighter aircraft
capability to Sweden
4
Production batch contract for the
G/ATOR sensor system in the U.S.
RBS15 orders within Missiles Systems
Total orders
17.4 BSEK
+76%
Gripen C/D upgrade for Sweden
Several Carl-Gustaf® orders including ammunition to Sweden and M4 version to the U.S. and Denmark
Business area summary
Aeronautics
Dynamics
Orders include part of GlobalEye contract to Sweden
Good progress in the Gripen programme with high testing activity in the quarter
Preparations for T-7 production setup impacted results negatively
Orders growth driven by Ground Combat
Sales declined due to a high comparison in Q2 2021
Increased EBIT and margins as a result of higher production efficiency
U.S. Barracuda closure cost of 60 MSEK in Q2 2021
MSEK
Q2 2022
Q2 2021
Jan-Jun 2022
Jan-Jun 2021
MSEK
Q2 2022
Q2 2021
Jan-Jun 2022
Jan-Jun 2021
Order intake
2,839
2,322
4,138
4,363
Order intake
3,663
3,406
6,296
4,747
Sales
3,073
3,044
6,129
6,147
Sales
2,208
2,789
4,001
4,444
EBITDA
219
250
459
491
EBITDA
424
403
702
585
EBITDA margin
7.1
8.2
7.5
8.0
EBITDA margin
19.2
14.4
17.5
13.2
EBIT
178
219
377
432
EBIT
408
380
664
541
EBIT margin
5.8
7.2
6.2
7.0
EBIT margin
18.5
13.6
16.6
12.2
5
JANUARY-JUNE 2022
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Saab AB published this content on 21 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 July 2022 07:43:02 UTC.
Saab AB is a Sweden-based company offering products and services ranging from military defense to civil security. The Companyâs operations are divided into six business areas. The Aeronautics includes the development of civil and military aviation technology, including the Gripen and Unmanned Aerial Systems. The Dynamics comprises a product portfolio of weapon systems, such as support weapons, missiles, Remotely Operated Vehicles and signature management systems. The Electronic Defense Systems provides airbone, land-based and naval systems and radar, signals intelligence and self-protection. The Security and Defense Solutions provides the military and civil security market with, among others, computerized command, control, communications and intelligence systems. The Support and Services offers service and support to the Saabâs clients. Among others, the Company operates through Thyssen Krupp Marine Systems AB and Nordic Defence Industries, a producer of mine disposal charge systems.
SAAB AB 
