With an increased focus on business and customer relations, the Saab Group’s business units are divided into three business segments, in addition to Corporate, effective January 1, 2005. The three segments reflect the specific business conditions for each segment, and are called Defense & Security Solutions, Systems & Products and Aeronautics.
Effective January 1 2005, Saab’s reporting will reflect the new business segments and IFRS.
The ambition with the new division of Saab’s operations, is that the strategic control and the financial reporting shall reflect our business and customer relations, and that we shall become even more effective in our export efforts, in developing new systems for national security, and in promoting development in the aviation area, especially as regards the Gripen program.
Today, Saab’s financial reports for 2004, re-calculated based on the new business segments and IFRS, are made available on www.saab.se Comments related to the transfer to IFRS can also be found in Saab’s Annual Report under the section “Management Report”.
Financial information dates:
The Interim Report for January – March 2005 will be published on April 21, 2005
The Interim Report for January – June 2005 will be published on July 12, 2005
The Interim Report for January – September 2005 will be published on October 21, 2005
For further information, please contact
Peter Larsson, Press Secretary Tel. +46-734-18 00 18
Göran Wedholm, Manager Investor Relations Tel. +46-13-18 71 21
Lars Wahlund, SVP, Corporate Financial Control Tel. +46-13-18 71 35