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Saab AB (SAABF)
:SAABF
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Earnings Data
Report Date
Feb 07, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.26Last Year’s EPS
0.21Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 23, 2018
|% Change Since: -4.29%
|Next Earnings Date:Jul 20, 2018
Earnings Call Sentiment|Positive
The earnings call reflects strong growth and order intake, especially internationally, with significant expansions and employment growth. However, challenges remain in the Aeronautics segment and negative cash flow year-to-date, alongside increased CO2 emissions. Overall, the highlights outweigh the lowlights, indicating positive company performance despite certain challenges.Company Guidance
In the third quarter of 2024, Saab reported robust financial performance marked by significant growth in several key metrics, as outlined in their call. The company achieved an order intake of SEK 21 billion, reflecting a 40% year-over-year increase, with international orders comprising approximately 80% of this intake. Saab's sales grew by 17.5% organically, with notable contributions from Dynamics and Surveillance business areas, while their EBIT growth outpaced sales at 38%, resulting in a margin improvement to 8.8%. Cash flow was strong, highlighted by SEK 3.2 billion due to large customer payments. Additionally, Saab's order backlog reached a record SEK 190 billion, positioning the company well for sustained future growth. The call also emphasized strategic investments in capacity expansion, new production lines, and employee growth, as well as ongoing efforts in sustainability and digital transformation to support long-term objectives.Significant Order Intake and Growth
Order intake reached SEK 21 billion, marking a 40% increase year-over-year and 71% increase over nine months. The company reports a strong order backlog of SEK 190 billion.
Strong Cash Flow
The company reported strong cash flow for the quarter at SEK 3.2 billion, driven by large customer payments.
International Market Success
80% of the order intake is from international markets, indicating strong global demand for Saab's offerings.
Growth in Dynamics and Surveillance
Dynamics reported a record-high order backlog of SEK 80 billion, and both Dynamics and Surveillance experienced strong sales growth and improved EBIT margins.
Expansion in the U.S.
The company is expanding its presence in the U.S. with over 1,000 employees and significant sales growth of 54% year-on-year from U.S. operations.
Employment Growth
Saab has increased its workforce by 2,400 people net in 2023, with a total of 24,000 employees and 4,000 consultants.
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SAABF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SAABF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 22, 2024 | $21.21 | $22.32 | +5.23% |
| Jul 19, 2024 | $25.23 | $23.99 | -4.93% |
| Apr 26, 2024 | $83.70 | $82.89 | -0.97% |
| Feb 09, 2024 | $66.47 | $69.26 | +4.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Saab AB (SAABF) report earnings?
Saab AB (SAABF) is schdueled to report earning on Feb 07, 2025, TBA Not Confirmed.
What is Saab AB (SAABF) earnings time?
Saab AB (SAABF) earnings time is at Feb 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SAABF EPS forecast?
SAABF EPS forecast for the fiscal quarter 2024 (Q4) is 0.26.
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