Saab reduces outlook for 2008
Different factors have had and continue to have an adverse impact on Saab, mainly through delays in order intake for major international projects and uncertainties in respect of Swedish defence material spending. Delays in ongoing major commercial aircraft projects have led to a revised, lower production plan in Saab’s aerostructures business. Also, market development for the technology business in South Africa is weaker than anticipated.The factors above, together with continued high marketing expenses for Gripen due to the strong market interest, have led Saab to reduce its outlook for