Saab’s Results January-June 2021: Strong sales growth and positive cash flow
Saab presents the results for January-June 2021.Key highlights Q2 2021 · Orders increased 7% and the order backlog amounted to SEK 96.7bn. · Organic sales growth of 15% driven by high project activity and deliveries. · EBITDA increased 19% to SEK 1,196m (1,004), a margin of 11.8% (11.4). · Operating income improved 10% and amounted to SEK 715m (652), corresponding to a margin of 7.1% (7.4), including costs for right-sizing measures of SEK 85 million. · Operational cash flow was SEK 3,152m (1,817) due to large milestone payments received in the quarter. · New