Saab sells real estate company
Saab is selling the real estate company Fastighets AB Järfälla Veddesta 2:81 to Danske Renting AB to a purchase-sum of 665 MSEK. The profit amounts to approximately SEK 155 m., with a positive impact on cash flow by approximately SEK 140 m. The sale is a part of streamlining Saab’s operations.
Saab serves the global market with world-leading products, services and solutions ranging from military defence to civil security. Saab has operations and employees on all continents and constantly develops, adopts and improves new technology to meet customers’ changing needs.
For further information, please contact:
Peter Sandehed, Saab Finance Manager
Tel: +46 (0)13 182 112, +46 (0)734 182 112
Göran Wedholm, Manager Investor Relations
Tel: + 46 (0)13 187 121, +46 (0)734 187 121
Saab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 3.15 PM on December 19, 2007.