Saab AB (publ) (STO: SAAB.B)

Sweden flag Sweden · Delayed Price · Currency is SEK
242.35
-0.25 (-0.10%)
Aug 30, 2024, 5:29 PM CET
67.14%
Market Cap 129.33B
Revenue (ttm) 57.00B
Net Income (ttm) 3.65B
Shares Out 533.63M
EPS (ttm) 6.77
PE Ratio 35.80
Forward PE 26.56
Dividend 1.60 (0.66%)
Ex-Dividend Date Oct 7, 2024
Volume 1,582,611
Open 242.60
Previous Close 242.60
Day's Range 241.15 - 245.35
52-Week Range 130.05 - 275.00
Beta 0.51
Analysts n/a
Price Target n/a
Earnings Date Aug 27, 2024

About Saab AB

Saab AB (publ) provides products, services, and solutions for military defense, aviation, and civil security markets worldwide. The company operates through Aeronautics, Dynamics, Surveillance, Kockums, and Combitech segments. The company develops military aviation technology, as well as conducts studies on manned and unmanned aircraft. It also provides ground combat weapons, missile systems, torpedoes, unmanned underwater vehicles, training and simulation systems, and signature management systems for armed forces; and niche products for the ci... [Read more]

Sector Industrials
Founded 1937
Employees 23,215
Stock Exchange Nasdaq Stockholm
Ticker Symbol SAAB.B
Full Company Profile

Financial Performance

In 2023, Saab AB's revenue was 51.61 billion, an increase of 22.86% compared to the previous year's 42.01 billion. Earnings were 3.38 billion, an increase of 54.03%.

Financial Statements

News

Airport Digitization Strategic Business Report 2024-2030with Focus on 50+ Select Players Including Thales, Alstef, SAAB, SITA, AWS, Amadeus and Rapidscan Among Others

Dublin, Aug. 09, 2024 (GLOBE NEWSWIRE) -- The "Airport Digitization - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Airport Digiti...

23 days ago - GlobeNewsWire

Defence group Saab's profit narrowly tops forecast

Swedish defence equipment maker Saab reported a marginally bigger-than-expected rise in quarterly operating earnings and stood by its outlook for surging sales and earnings this year amid booming dema...

6 weeks ago - Reuters

We need to step up to create more resilience, deterrence: Saab CEO

Saab CEO Michael Johansson discusses the outlook for defense spending by European countries.

4 months ago - CNBC International TV

Defence gear maker Saab's Q1 operating profit rises 28%

Swedish defence equipment maker Saab reported on Friday a 28% rise in operating profit for the first quarter and raised its organic sales growth outlook for the full year.

4 months ago - Reuters

Tor Holding and ELIE SAAB Announce Partnership for Dual Real Estate Debut in Turkey

Istanbul, Turkey--(Newsfile Corp. - April 11, 2024) - ELIE SAAB, one of the world's leading names in Haute Couture and esteemed luxury lifestyle brand, and Tor Holding, a Turkish real estate developer...

5 months ago - Newsfile Corp

European Defense Stocks See Worst Day in About 18 Months

European defense stocks fell heavily on Tuesday after Goldman Sachs analysts cautioned that the sector's recent scorching rally had left it trading at elevated price valuations. Bloomberg's Oliver Cro...

5 months ago - Bloomberg Markets and Finance

Saab CFO Christian Luiga resigns

Sweden's Saab said on Thursday its Chief Financial Officer Christian Luiga has decided to leave the defence materials group for another job and it has initiated a search for his successor.

5 months ago - Reuters

Sweden's Saab plans new US munitions facility to strengthen supply chain

Saab plans to build a new facility for weapon systems in the United States to boost munitions production capacity and strengthen its global supply chain, the Swedish defense equipment maker said on Tu...

5 months ago - Reuters

Poland buys Saab grenade launchers in $1.63 billion deal

Poland has signed a deal to buy anti-tank grenade launchers from Sweden's Saab in a deal worth around 6.5 billion zlotys ($1.63 billion), its Defence Minister Wladyslaw Kosiniak-Kamysz said on Monday.

6 months ago - Reuters

Could The Philippines Upgrade Its Air Force with Saab Gripens?

A report from the Singapore Airshow yesterday affirmed that the Philippines is close to entering negotiations to buy fighter jets from Sweden to bolster its defense.

6 months ago - Forbes

Saab Digital Air Traffic Solutions CEO discusses partnership with Thales

Per Ahl, CEO of Saab's Digital Air Traffic Solutions, discusses the firm's signing of of a Memorandum of Understanding with Thales to support the long-term innovation and modernization of Singapore's ...

6 months ago - CNBC International TV

Saab Beats Views as Global Defense Spending Continues

Saab posted a forecast-beating rise in fourth-quarter earnings and raised its dividend as global defense spending continued to surge.

7 months ago - WSJ

Saab raises sales growth target as Q4 profit rises

Swedish defence equipment maker Saab raised its medium-term sales growth target on Friday as demand increases, and reported a rise in fourth-quarter operating profit.

7 months ago - Reuters

Sweden's Saab to study new submarine technology

Swedish defence group Saab said on Tuesday it had signed a deal with the Swedish Defence Material Administration (FMV) to study new technologies for submarines and other equipment for use under water.

9 months ago - Reuters

Defence group Saab's Q3 profit jumps, raises sales outlook

Swedish defence equipment maker Saab reported on Thursday a jump in third-quarter operating profit helped by high demand and raised its full-year sales growth outlook.

11 months ago - Reuters

Saab wins expanded U.S. contract for anti-armour system

Swedish defence equipment maker Saab said on Monday the U.S. Department of Defense has expanded a framework deal for AT4 anti-armour systems and Carl-Gustaf ammunition, and placed a new order worth $1...

1 year ago - Reuters

Poland signs contract to buy 2 Swedish Saab 340 AEW-300 aircraft

Poland signed a contract to buy two Swedish airborne early warning and control Saab 340 AEW-300 planes for approximately 600 million Swedish crowns ($57.81 million), the Polish defence minister said o...

1 year ago - Reuters

Defence group Saab raises sales outlook after Q2 profits jump

Swedish defence equipment maker Saab reported on Thursday a 44% rise in second-quarter operating profit, citing a solid order intake, and raised its organic sales growth guidance for the full year.

1 year ago - Reuters

Honeywell to acquire heads-up display assets from Sweden's Saab

U.S. conglomerate Honeywell said on Wednesday it had agreed to acquire Swedish aerospace firm Saab's heads-up display (HUD) assets to strengthen its avionics unit.

1 year ago - Reuters

Sweden's Saab built one of the world's best non-stealth fighters, but its CEO says that's not enough to outsell US jets

Saab's CEO says that when competing against US-made military hardware, the Swedish company doesn't have "a completely level playing field."

2 years ago - Business Insider

Defence manufacturer Saab to set up new facility in India, make weapons system

Swedish defence products company Saab will set up a facility to manufacture its Carl-Gustaf M4 weapons system in India, a top executive said on Tuesday, as the company looks to ramp up production.

2 years ago - Reuters

Saab wins SEK 7 billion order from Swedish defence

Swedish defence materials group Saab said on Thursday it had won an order from the Swedish Defence Material Administration for its GlobalEye Airborne Early Warning and Control aircraft.

2 years ago - Reuters

Saab first-quarter operating profit rises

Swedish defence products company Saab reported on Friday growing first-quarter profits and said it would increase capacity to meet further demand.

2 years ago - Reuters

Swedish Defense and Security Company Saab Orders XMReality Remote Guidance to Support Global Operations

PORTSMOUTH, N.H.--(BUSINESS WIRE)-- #aerospace--XMReality announced that it has signed a three-year contract with Saab AB for Remote Guidance.

4 years ago - Business Wire

Sweden's Saab says UAE plans to buy two new surveillance aircraft

The United Arab Emirates intends to buy two additional GlobalEye aircraft for surveillance from Saab, the Swedish defense firm said on Tuesday, lifting its shares by 3%.

5 years ago - Reuters