Slide 1: Saab AGM 2011 – Address by President & CEO Håkan Buskhe
SAAB’ AGM 2011 ADDRESS BY PRESIDENT & CEO HÅKAN BUSKHE Håkan Buskhe, President and CEO, Saab AB April 7 2011 Saab’s Annual General Meeting 2011
Slide 2: 1937-2011: aircraft manufactured
1937-2011 More than 4,000 manufactured aircrafts Used by more than 500 airline companies 15 different types of aircrafts
Slide 3: Advanced Technology and Innovation
ADVANCED TECHNOLOGY AND INNOVATION First B17 Tunnan First order First laser First Gripen First contract Contract for Saab 2000 Gripen Demo delivered – first flight for RBS 15 simulator BT46 delivered for NLAW Neuron ERIEYE™ – first flight AEW&C Saab Automobile Saab acquires Saab acquires Saab acquir
Slide 4: A Changing World
A CHANGING WORLD From one customer to several customers International interoperability Defending borders and protecting flows
Slide 5: A New World
A NEW WORLD > ye ie
Slide 6: Focus on Sustainability
FOCUS ON SUSTAINABILITY UN’s Global Compact • Ten principles Commitment to society is part of our operations wherever we are
Slide 7: Saab's Vision & Mission
SAAB’S VISION & MISSION It’s a human right to feel safe To make people safe by pushing intellectual and technological boundaries
Slide 8: January – December 2010 in Brief
JANUARY – DECEMBER 2010 IN BRIEF MSEK 2010 2009 Order intake 26,278 18,428 Order bookings 41,459 39,389 Sales 24,434 24,647 Operating income 975 1,374 Operating margin, % 4.0 5.6 Net income 454 699 Earnings per share (SEK) 4.12 6.45 After dilution 3.97 6.28 Operating cash flow 4,487 1,696 No. of emp
Slide 9: Strategic Priorities 2010
STRATEGIC PRIORITIES 2010 Profitable growth Performance Portfolio Future growth Further streamlining Restructuring of opportunities Saab Underwater Restructuring identified Systems Billion+ program Stronger local Eskilstuna site presence closed established New strategic - North America, Brazil, Indi
Slide 10: Focus on Research and Development
FOCUS ON RESEARCH AND DEVELOPMENT A research intensive company R&D in close co-operation with customers Commercialization of new technology Co-operation with universities R&D as part of sales 20 20 17 20 2010 2009 2008 2007
Slide 11: Saab Worldwide
SAAB WORLDWIDE Jan-Dec 2010 Sweden International Employees 2010 Sweden 10,372 South Africa 1,086 Australia 349 62% USA 194 Sales UK 117 Finland 74 Denmark 72 Norway 50 66% 66% Switzerland 50 Germany 34 Order intake Other 138 77% Total 12,536 Order bookings
Slide 12: A Whole New Level of Independence
A WHOLE NEW L V LL OF INDEPENDENCE
Slide 13: Operational Excellence
OPERATIONAL EXELLENCE Billion+ program, cost reductions (MSEK) Underlying 1,500 profitability 650 strengthened 600 250 2007 2008 2009 2010 2011 Improved operating cash Operating cash flow MSEK 4,349 flow MSEK 1,447 2009 2010
Slide 14: Strategy for the Future
STRATEGY FOR THE FUTURE 2011 - Profitable growth Portfolio Performance People • Continuous • Invest in R&D • Lower • Culture based focus on • Prioritize administrative on trust strang areas with costs • Sweden’s markets superior • More effective leading house • Increase technology sales and of innov
Slide 15: A Good Start
A GOOD START
Slide 16: People Builds Our Future
PEOPLE BUILDS OUR FUTURE
Slide 17: ROU
ROU PCOM