Saab 2015 Annual Report Download - page 44

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SERVICES AND SOLUTIONS
• Customised support solutions in all areas
– over the product’s entire life cycle.
• Supplies everything from individual spare
parts to availability-based commitments.
• Technical services, maintenance and repair
work.
• Products and integration for airborne
surveillance systems, CBRN solutions,
military avionics and eld solutions.
Support and Services includes the following
business units: Air, Land, Maintenance Repair
Operations, Life Cycle Logistics and Airborne ISR.
As of 1 January 2016, the business unit Critical
Systems & Communication Solutions is included
in the business area.
ORDERS RECEIVED
Order bookings rose in 2015 compared to 2014
mainly due to an order for an airborne surveillance
system from the United Arab Emirates, where
SEK4.0 billion was attributable to Support and
Services, and the Brazilian government’s order for
Gripen NG, where SEK 2.1 billion was related to
Support and Services. In addition, the volume of
small and medium-sized orders was strong.
Orders received with a total value exceeding
MSEK 100 represented 77 per cent (58) of total
order bookings.
SALES, INCOME AND MARGIN
Sales increased and the operating margin
improved in 2015 mainly because revenue from
preparatory work related to the UAE’s order for
an airborne surveillance system was recognised
Support and Services offers reliable, cost-efcient 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.
ADMINISTRATION REPORT
BUSINESS AREA SUPPORT
AND SERVICES
as the contract was signed. Consistent invoicing
on small and medium-sized projects contributed
as well.
Markets outside Sweden accounted for
59 per cent (37) of sales.
CASH FLOW
Operational cash ow was negative in 2015 mainly
due to timing dierences in project activity and
milestone payments during the year.
EMPLOYEES
e number of employees was unchanged compared
to the previous year.
Key figures
MSEK 2015 2014
Order bookings 9,417 4,720
Order backlog 12,053 7,976
Sales 5,345 3,570
EBITDA 596 394
EBITDA margin, % 11.2 11.0
Operating income, EBIT 578 376
Operating margin, % 10.8 10.5
Operational cash flow -513 -32
No. of employees (FTE) 1,825 1,818
Share of sales 2015
SEK billion
0
2
4
6
8
10
1514131211
Order bookings
Sales
SEK billion
0
1
2
3
4
5
6
1514131211
Operating margin
%
0
2
4
6
8
10
12
14
1514131211
19%
40 – SAAB ANNUAL REPORT 2015