Saab’s Results January – September 2012

Defence and security company Saab presents the results for January – September
2012.
Results January – September 2012

  · Order bookings amounted to MSEK 15,755 (13,793) and the order backlog at the
end of September 2012 was MSEK 36,331 (39,411).
  · Sales increased 3 per cent to MSEK 16,704 (16,151). Excluding acquisitions
sales decreased 1 per cent.Exchange rates had no significant impact on sales.
  · Gross income amounted to MSEK 4,920 (4,451), corresponding to a gross margin
of 29.5 per cent (27.6).
  · Operating income was MSEK 1,382 (2,282), corresponding to an operating
margin of 8.3 per cent (14.1). This included a non-recurring item of MSEK 207
from a reduction of a potential earn-out liability. 2011 included capital gains
of MSEK 1,169. Adjusted for non-recurring items the operating margin was 7.0 per
cent (6.9).
  · Net income was MSEK 954 (1,798), with earnings per share after dilution of
SEK 8.98 (16.60).
  · Operating cash flow amounted to MSEK -660 (2,260). The operating cash flow
was lower mainly as a result of utilisation of and reduction in advances and
milestone payments compared to the same period 2011.

Outlook statement 2012:

In 2012, we estimate that sales will increase slightly compared to 2011.

The operating margin in 2012, excluding material net capital gains and other non
-recurring items, is expected to be in line with the operating margin in 2011,
excluding material net capital gains, of 7.5 per cent.

For a list of financial highlights, please visit
http://www.saabgroup.com/en/About-Saab/Newsroom/Press-releases--News/2012--
-10/The-Q3-Interim-Report-2012/

Statement by the President and CEO, Håkan Buskhe:

On 25 august, the Swedish Government announced it had signed a framework
agreement withSwitzerlandconcerning the procurement of Gripen E, the next
generation of Gripen, Saab’s multi-role fighter aircraft. The Swedish Government
also, in the budget proposition to the Swedish Parliament, proposed
thatSwedenacquires 40-60 Gripen E aircraft. The announcements are a strong
endorsement of Gripen and its capabilities. We have presented the Swedish
Government with a tender and are discussing a future order of Gripen E. At the
same time, global interest in Gripen remains high.

During the first six months we secured important orders, for example an order
for the support and development of Gripen C/D inSweden. Our third quarter order
bookings reached the highest level in several years. In the quarter we for
example received an order for the man-portable weapon system Carl-Gustaf from
the U.S. Army; the second time the U.S. Army has purchased the system.

We announced three additional market areas and a new organisational structure
that, with a total of six market areas, will be operational as of 1 January
2013. This is a step to establish an even stronger international foothold.

The process of acquiring HITT N.V., a leading provider of advanced software
applications in the domains of navigation, traffic and logistics support for the
aviation and marine markets, proceeded. The acquisition strengthens our leading
position in air and marine traffic management. In July, we also acquired a
majority stake in the Norwegian consulting company, Bayes Risk Management AS,
which delivers services in the field of risk analysis for the oil and gas
industry as well as the financial market. The acquisition expands our technical
consultancy business within Combitech.

Saab’s operating cash flow was lower as a result of utilised and reduced
advances and milestone payments, compared to the same period in 2011. Working
capital in our business can vary over time depending on our project mix and how
customer advances and milestone payments are paid.

General market conditions are challenging and the situation will most likely
continue. This is why, maybe more than ever, the Saab way, which combines
quality, affordability, research and development with a global focus is our way
forward.

The outlook statement for 2012 remains unchanged.

Press and analyst meeting

Press and financial analysts are invited to a press and analyst meeting where
CEO Håkan Buskhe together with interim CFO Görgen Johansson present the results
for January-September 2012.

Thursday, 18 October, 10.00 C.E.T

Grand Hotel, Blaiseholmshamnen 8,Stockholm,Sweden.

Venue: Bolinderska rummet.

Saab serves the global market with world-leading products, services and
solutions ranging from military defence to civil security. Saab has operations
and employees on all continents and constantly develops, adopts and improves new
technology to meet customers’ changing needs.

For further information, please contact:

Investor Relations, Ann-Sofi Jönsson, +46 (0) 734 180 018, ann
-sofi.jonsson@saabgroup.com

Saab Press Centre, +46 (0)734 180 018, presscentre@saabgroup.com

www.saabgroup.com

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www.saabgroup.com/YouTube

The information is that which Saab AB is required to declare by the Securities
Business Act and/or the Financial instruments Trading Act. The information was
submitted for publication on October 18 at 07.30 (CET).