Saab Announces Medium-term Financial Targets
Saab today announces new medium-term financial targets for the period 2023-2027. These medium-term targets replace Saab’s long-term targets on sales growth and operating income. The new targets are provided on the back of improved growth opportunities from increased market demand and Saab’s significant order backlog.Saab’s medium-term targets for the period 2023-2027 are the following: · An organic sales growth of around 10 percent (compound annual growth rate) · Operating income growth to be higher than the organic sales growth · Cash-flow conversion of minimum 70 percent,