On September 9 Saab presented a new operating and management structure that will be effective as of January 1, 2010. From that date, Saab will publish external financial reports according to the new structure. Preliminary pro forma financial historical information is presented in the enclosed document.
Formation of five business areas
To ensure a competitive offering, Saab is restructuring its 15 business units, currently organized in three segments, into five business areas. Each business area is defined based on the products, solutions and services it provides and will assume responsibility for their respective order intake, income statement, financial position and cash flow.
Today Saab will host an analyst and press meeting where further details will be provided on the changes in Saab’s organization. The meeting is hosted by CEO Åke Svensson, Lena Olving currently Head of the business segment Systems and Products and as of January 1, 2010, COO and CFO Lars Granlöf.
A live and on demand webcast of the presentation can be accessed on Saab’s website: http://www.saabgroup.com.
Preliminary pro forma historical financial information
Preliminary pro forma historical financial information is presented in the enclosed document.
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:
Saab Press Centre, +46 (0)734 180 018
Ann-Sofi Jönsson, Investor relations, +46 (0)8 463 02 14
The information is that which Saab AB is required to declare by the Securities Business Act and/or the Financial instruments Trading Act. The information was submitted for publication on September 22 at 08.45.