Report

Prize fighter

Saab shares continue to go from strength to strength. Q117 results confirm the company is on track to achieve above targeted organic sales development in the near term. Order intake remains positive and prospects for the new and upgraded versions of the Gripen fighter aircraft remain strong, aided by the improving trends in defence spending. The shares are trading once again at record levels, and the rating requires a continuing conversion of the pipeline into firm activity.
Underlying
Saab AB Class B

Saab is a technology company, with main operations in defence, aviation and civil security. Co.'s operations are primarily focused on areas in defence electronics and missile systems as well as military and commercial aviation. Co. also provides technical services and maintenance. Co. has six operating segments: Aeronautics, Dynamics, Electronic Defence Systems, Security and Defence Solutions, Support and Services, and Combitech, AB, Co.'s subsidiary. Aeronotics provides a product portfolio comprising the Gripen fighter system unmanned aerial systems and components for Co.'s own aircraft and for passenger aircraft manufactured by others.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Andy Chambers

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