- Saab’s organic revenue for the fiscal year 2024 increased by 23.4%, surpassing their previous expectations of 15% to 20% growth.
- The preliminary sales for the fourth quarter reached approximately SEK 20.9 billion.
- Preliminary operating profit for the fourth quarter was about SEK 2 billion.
- The company attributes the increased organic sales growth to better-than-expected sales developments due to exceptional project execution in the fourth quarter.
- Following the release of these preliminary results, Saab’s shares increased by 2.8% to SEK 242.65 with 1.6 million shares traded.
- Analyst ratings for Saab include 5 buy recommendations, 5 hold recommendations, and 1 sell recommendation.
A look at Saab AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Saab AB shows a promising long-term outlook. With high ratings in Growth and Momentum, the company is positioned well for future expansion and market performance. Saab’s focus on innovation and development in defense technology and aircraft, coupled with its ability to adapt to changing market conditions, indicates a strong potential for sustained growth in the coming years.
While Saab’s Value and Dividend scores are moderate, its strong ratings in Resilience suggest the company’s ability to withstand economic uncertainties and market fluctuations. Overall, Saab AB‘s profile as a high technology company in the defense sector, with a global presence in selling advanced products, positions it favorably for long-term success and continued market leadership.
### Summary: Saab AB is a high technology company specializing in defense technology, aircraft, and advanced products for the defense market. With a diverse portfolio that includes command and control systems, military and commercial aircraft, missiles, and technical services, Saab operates internationally and focuses on innovation and adapting to market demands. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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