Financial targets
With the changed market conditions but also Saab’s position, including our product portfolio, multi-domestic platform and strong backlog, we continue to be a company with substantial growth opportunities.
In 2023, Saab introduced medium-term targets for the period 2023-2027 on organic sales growth, operating income and operational cash flow. These were provided on the back of improved growth opportunities from increased market demand and Saab’s significant order backlog. In January 2024, Saab upgraded its organic sales growth target to be around 15% (CAGR), from previously around 10%, for 2023-2027.
Outlook 2024
- Organic sales growth between 12-16%
- Operating income growth higher than organic sales growth
- Operational cash flow to be positive
Medium-term targets 2023-2027
- Organic sales growth of around 15% (CAGR)
- Operating income growth higher than organic sales growth
- Cash flow conversion of minimum 70%, cumulative for the 5-year period
- The equity/assets ratio will exceed 30 per cent
Note: CAGR base year 2022, and cash conversion defined as operational cash flow divided by operating income.