30-Oct-2013 10:27 AM

Saab reports profit declines in first nine months of 2013

Saab revenue down 1% - financial highlights for nine months ended 30-Sep-2013:

  • Revenue: SEK16,471 million (EUR1919 million), -1% year-on-year;
    • Air: SEK7447 million (EUR867.7 million), +14%;
  • Operating profit: SEK811 million (EUR94.5 million), -42%;
  • Net profit: SEK455 million (EUR53.0 million), -55%;
  • Order bookings: SEK25,029 million (EUR2916 million);
  • Order backlog: SEK42,407 million (EUR4941 million);
  • Total assets: SEK26,518 million (EUR3090 million);
  • Short-term investments: SEK1679 million (EUR195.6 million);
  • Total liabilities: SEK14,641 million (EUR1706 million). [more - original PR]

*Based on the average conversion rate at EUR1 = SEK8.5824