“2023 marked a step change for Saab with a changed market reality and a new growth journey. Our performance in 2023 reflects our ambitions in this new environment, with a strong increase in orders and sales, investments in competence, capacity and R&D, while improving earnings and generating a positive cash flow. Based on our unique position and ability to execute, Saab is a company with significant long-term opportunities,” says Micael Johansson, President and CEO, Saab.
Saab today announces new medium-term financial targets for the period 2023-2027. These medium-term targets replace Saab’s long-term targets on sales growth and operating income. The new targets are provided on the back of improved growth opportunities from increased market demand and Saab’s significant order backlog
Saab’s medium-term targets for the period 2023-2027 are the following:
Lars Tossman has been appointed Head of Saab’s business area Aeronautics. Mats Wicksell will assume the position as Head of business area Kockums and will become a new member of Saab’s Group Management team. Jonas Hjelm will take on a new position within the Group Management team as Head of the newly established group function, Government Affairs. These changes will take effect on 1 March 2023.
