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Long-term financial goals and results
Sales, SEK billion
Organic sales growth averaging
5per cent annually over a busi-
ness cycle.
In 2013 organic growth was
-2 per cent (-2).
Operating margin, %
Operating margin after deprecia-
tion and amortisation (EBIT) of at
least 10 per cent – is formulated
as an average over a business
cycle.
In 2013 the operating margin
after depreciation/amortisation
(EBIT) was 5.7 per cent (8.5).
Equity/Assets ratio, %
Equity/assets ratio of over
30 per cent.
At year-end 2013 the equity/
assets ratio was 43.8 per cent
(39.0).
Dividend, SEK
The long-term dividend objective
is to distribute 20–40 per cent of
net income to shareholders over
a business cycle.
For 2013 the Board proposes
a dividend of SEK 4.50 (4.50),
representing 65 per cent (30)
of net income.
20132012201120102009
24.6 24.4 23.5 24.0 23.8
20132012201120102009
5.6
4.0
12.5
8.5
5.7
20132012201120102009
35
39 41 39
44
20131
2012201120102009
2.25
3.50
4.50 4.50 4.50
1) Proposed by Board of Directors
PROFITABLE
GROWTH
PORTFOLIO
PERFORMANCE
PEOPLE
Since 2010, Saab’s strategy has focused
on four priority areas. Our aim is to create
long-term value by accomplishing these
strategic priorities. Saab shall also
maintain a solid balance sheet, focus on
capital efficiency and generate strong
cash flow.
Profitable growth
A local presence on prioritised markets enables
us to strengthen the relationship with our
customers. We focus on markets where we have
a strong market position and on product areas
with good growth opportunities.
Performance
We have a long tradition of integrating high-
tech systems and we reconsider and develop
our tools, methods, and work procedures
continuously. is enables us to offer high
performance and cost ecient solutions.
Portfolio
e portfolio is focused on areas with significant
competitive advantages and growth potential.
Investments are made in product innovation,
development of prioritised products and system
integration expertise. Acquisition of businesses
shall strengthen key areas and add to our local
presence.
People
Saab shall be an employer of choice in the
global market. We are focusing on securing and
developing the right skills for current and future
needs. Motivated, driven and high performing
employees are the backbone of our offering, ef-
ficiency and growth.
SAAB HAS A CLEAR FOCUS
Vision
It is a human right to
feel safe.
Mission
To make people safe by
pushing intellectual and
technological boundaries.
Values
Expertise: We combine a strong history of knowledge
with constant learning.
Trust: We are honest and reliable global citizens, and
we keep our promises.
Drive: We have a passion for innovation, are open to
change and committed to being fast and exible.
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