Saab 2010 Annual Report Download - page 42
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These operations offer reliable, cost-effective service and
support for all of Saab’s markets. This primarily includes
integrated support solutions, technical maintenance and
logistics, and products, solutions and services for military
and civil missions in locations with limited infrastructure.
SALES, INCOME AND ORDERS
Orders received
Orders received increased in driven by orders for the Gripen
system and airborne surveillance systems within Saab and by smaller
orders received mainly in Sweden.
An eight-year agreement was also signed with Scandinavian Air
Ambulance Holding AB, where Saab will take over responsibility for
for its helicopter and aircra operations starting .
Orders received where the order sum was more than MSEK
represented per cent () of total order bookings.
Sales
Sales in decreased as a result of lower demand in the regional
commercial aviation market and delays in some major projects com-
pared to .
Markets outside Sweden accounted for per cent () of sales
during .
Income and margin
Protability decreased in compared to mainly as a result
of a restructuring charge of MSEK recorded in the fourth quarter.
is is related to initiatives aimed at lowering overhead costs as part
of the restructuring measures announced on November .
Operating cash flow
Operating cash ow improved signicantly due to milestone pay-
ments received from large projects and an improved level of working
capital.
SUPPORT AND
SERVICES
13%
SHARE OF SALES
2010, %
SALES,
MSEK
OPERATING INCOME
AND MARGIN
2010200920082007
0
800
1,600
2,400
3,200
4,000
0
100
200
300
400
500
10
11
12
13
2010200920082007
Operating income, MSEK Margin, %
SAAB ANNUAL REPORT 2010 39
ADMINISTRATION REPORT > SAAB’S BUSINESS AREAS