The 1998 report
THE 1998 REPORT *Operating income amounted to SEK 875 m. (-5,316) *Net income amounted to SEK 912 m. (-3,790) *Income per share: SEK 8.55 *Sales, excluding Regional Aircraft, increased 2 percent to SEK 7,539 m. (7,379) *Pre-tax return on capital employed was 21.4 percent *Proposed dividend per share: SEK 2.00 *South Africa chooses Gripen as preferred supplier. Negotiations in progress to supply 28 Gripen aircraft. *Saab shares listed on Stockholm Stock Exchange from June 18, 1998. British Aerospace becomes new major owner. *SEK 254 m. convertible debenture loan to employees oversubscribed by SEK 62 m. The Saab Group Saab offers advanced products and systems based to a large degree on sophisticated information technology. The Group consists of the business areas Military Aerospace, Space, Training Systems, Commercial Aircraft and Combitech. Business area Regional Aircraft is currently being phased out and production will be terminated in mid-1999. Saab AB has been listed on the Stockholm Stock Exchange since June 18, 1998. The principal owners are Investor AB with 20 percent of the shares, corresponding to 36 percent of the votes, and British Aerospace, with 35 percent of the shares, corresponding to 35 percent of the votes. The remaining 45 percent of the shares are traded on the ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/02/23/19990223BIT00290/bit0001.doc The Whole Report http://www.bit.se/bitonline/1999/02/23/19990223BIT00290/bit0002.pdf The Whole Report