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Saab H1 sales increased 8 percent

Christian Fernsby |
During the first half of 2019, Saab sales increased 8 per cent and the operating margin improved.

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Saab continues to drive internationalisation of the business and several steps were taken in the first half of the year to strengthen the local presence.

A clear example of this is the decision to establish a new U.S.

development and production facility in West Lafayette, Indiana, where Saab will manufacture its parts for the T-X advanced jet trainer ordered the U.S. Air Force.

Order bookings during the first half of 2019 amounted to SEK 9.7 billion (12.7).

During the period, an order was received from the U.S. Coast Guard for the Sea Giraffe Multi Mode Radar, and the United Kingdom Royal Navy ordered an anti-submarine training system.

The business area Dynamics saw continued strong demand.

Two major framework agreements were signed for the Carl-Gustaf multi-purpose weapon system and AT4 disposable weapon system.

Small orders increased strongly compared to the same period in 2018.

Market demand remains strong and during the remaining part of the year, Saab see substantial business opportunities.

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