Saab 2014 Annual Report Download - page 50

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SERVICES AND SOLUTIONS
• Integrated service solutions for businesses in
air, land, marine and civil security.
• Package solutions for equipment maintenance
and service, technical training, spare parts,
logistics solutions and eld support as well as
round-the-clock service centres.
• Flexible, scalable, adaptable and upgradable
solutions.
• Operations are global and comprise Saab
systems as well other OEM systems and
equipment.
• Support and service for a large share of the Saab
340 and Saab 2000 operating globally. Today,
328 aircra are own by 70 operators in
37countries, corresponding to around
1,400ights per day.
Support and Services includes the following
business units: Air, Land, Maintenance Repair
Operations, Life Cycle Logistics and Airborne ISR.
ORDERS RECEIVED
During 2014, an order was received from FMV for
support and maintenance of Gripen in Sweden,
Czech Republic, Hungary and ailand. FMV
also ordered advanced aerial target services for the
Swedish Armed Forces. In addition, an order was
received from Daewoo Shipbuilding & Marine
Engineering Co. Ltd. (DSME) to design and inte-
grate healthcare capability aboard a Norwegian
support vessel.
Orders received with a total value exceeding
MSEK 100 represented 58 per cent (55) of total
order bookings.
Support and Services offers reliable, cost efficient service and support for all
of Saab’s markets. This includes support solutions, technical maintenance
and logistics as well as products, solutions and services for military and civil
missions in locations with limited infrastructure.
ADMINISTRATION REPORT
BUSINESS AREA SUPPORT AND SERVICES
SALES, INCOME AND MARGIN
Sales decreased slightly in 2014 compared to 2013
due to fewer large orders. Underlying operations
were stable and sales from smaller orders were in
line with 2013.
e operating margin was negatively impacted
by a change in the product mix in 2014 compared
to 2013.
Markets outside Sweden accounted for 37 per
cent (40) of sales.
CASH FLOW
Operational cash ow was negative due to timing
dierences in project execution, milestone pay-
ments and investments.
EMPLOYEES
e number of employees decreased slightly as a
result of the eciency measures initiated in 2013.
Key figures
MSEK 2014 2013
Order bookings 4,720 4,602
Order backlog 7,976 6,683
Sales 3,570 3,772
EBITDA 394 517
EBITDA margin, % 11.0 13.7
Operating income, EBIT 376 498
Operating margin, % 10.5 13.2
Operational cash flow -32 -149
No. of employees (FTE) 1,818 1,840
Share of sales 2014
SEK billion
0
1
2
3
4
5
1413121110
Order bookings 2014
Sales 2014
SEK billion
0,0
0,5
1,0
1,5
2,0
2,5
3,0
3,5
4,0
1413121110
Operating margin 2014
%
0
2
4
6
8
10
12
14
1413121110
14%
46 – SAAB ANNUAL REPORT 2014