# SEB

> Clarifo company profile — qualitative business description generated from
> the company's filings. Financial statements, charts and ratios are
> available on Clarifo (https://www.clarifo.com/en/companies/seb).

## Overview

Saab AB is a Swedish high-technology company specializing in defense, aviation, and civil security. The company is renowned for its advanced defense electronics, missile systems, and naval systems, as well as its contributions to military and commercial aviation. Saab's operations are primarily focused on developing and supplying technologically advanced hardware and software solutions to military and civilian customers worldwide. With a strong commitment to innovation and sustainability, Saab plays a crucial role in enhancing global defense capabilities and security solutions.

## Products & services

• Gripen E fighter aircraft
• Ground Combat and Missile Systems
• GlobalEye Airborne Early Warning & Control system
• Submarines and surface ships
• Technical services and maintenance
• AI solutions for defense and security
• Training & Simulation systems

- **Aeronautics** (26%) — Includes fighter aircraft and related systems
- **Dynamics** (23%) — Covers ground combat and missile systems
- **Surveillance** (34%) — Focuses on airborne early warning and control systems
- **Kockums** (13%) — Involves submarines and surface ship capabilities
- **Combitech** (7%) — Provides technical services and AI solutions

- Gripen E fighter aircraft
- Ground Combat and Missile Systems
- GlobalEye Airborne Early Warning & Control system
- Submarines and surface ships
- Technical services and maintenance
- AI solutions for defense and security
- Training & Simulation systems

## Customers

Saab's customer base includes military organizations, government agencies, and industrial clients worldwide. The company serves countries looking to enhance their defense capabilities, particularly in Europe and North America. Saab's products are in high demand due to geopolitical uncertainties and the need for advanced defense systems. Additionally, Saab collaborates with municipalities and industrial clients for AI and security solutions, reflecting its diverse customer engagement.

- **Military Organizations** (primary) — Purchase advanced defense systems for national security
- **Government Agencies** (primary) — Acquire surveillance and control systems for defense
- **Industrial Clients** (secondary) — Engage in AI and technical services for security solutions
- **Municipalities** (emerging) — Utilize AI solutions and technical services

- Military organizations seeking advanced defense systems
- Government agencies enhancing national security
- Industrial clients interested in AI and security solutions
- European countries expanding defense capabilities
- North American defense departments
- Municipalities requiring technical services
- Clients interested in training and simulation systems

## Geography

Saab operates globally, with a significant presence in Sweden, Europe, and North America. The company's headquarters are in Stockholm, Sweden, and it has a strong market position across Europe. Saab's international operations account for a substantial portion of its order backlog, reflecting its global reach. The company also engages in collaborations and joint ventures to expand its geographic footprint and enhance its market presence.

- **Sweden** (41%)
- **Rest of Europe** (25%)
- **North America** (10%)
- **Asia** (8%)
- **Latin America** (7%)
- **Australia** (5%)

- Headquarters in Stockholm, Sweden
- Strong market presence in Europe and North America
- Significant international order backlog
- Collaborations and joint ventures for global expansion
- Operations in Asia and Latin America
- Manufacturing and R&D facilities in Sweden

## Strategy

Saab's strategic priorities include expanding its market position and enhancing its product offerings to meet increasing customer demand. The company focuses on innovation and sustainability, aiming to be a leader in the defense sector. Saab is investing in new technologies and collaborations to strengthen its capabilities and address global security challenges. Additionally, Saab is committed to reducing its environmental impact and achieving net-zero emissions by 2050.

- **Market Expansion** (medium-term) — To meet growing demand and enhance global presence
- **Innovation and Technology** (long-term) — To maintain competitive edge and address security challenges
- **Sustainability** (long-term) — To reduce environmental impact and achieve net-zero emissions

- Expand market position through innovation and product development
- Enhance product offerings to meet growing customer demand
- Invest in new technologies and collaborations
- Focus on sustainability and environmental impact reduction
- Achieve net-zero emissions by 2050
- Strengthen capabilities to address global security challenges

## Risks

Saab faces several risks, including geopolitical uncertainties and supply chain disruptions. The company's operations involve long-term projects with significant investments, which entail strategic, market, and political risks. Additionally, Saab's rapid growth and production ramp-up increase operational risks. The global supply chain challenges, including trade barriers, pose risks to Saab's operations and project timelines.

- **Geopolitical Uncertainty** [high] — Affects defense budgets and procurement decisions
- **Supply Chain Disruptions** [medium] — Impact project timelines and cost management
- **Operational Risks** [high] — Due to rapid growth and production ramp-up

- Geopolitical uncertainties affecting defense budgets
- Supply chain disruptions impacting project timelines
- Long-term projects with significant investments
- Strategic, market, and political risks
- Rapid growth and production ramp-up increasing operational risks
- Trade barriers affecting global supply chain

## Accounting

Saab's financial reporting is influenced by its project-based revenue recognition and the timing of milestone payments. The company uses percentage-of-completion accounting for long-term contracts, which can lead to fluctuations in reported revenue. Saab's financial statements are also affected by estimates and provisions related to large defense contracts. Additionally, the company must manage currency risks due to its international operations, impacting financial results.

- **Revenue Recognition** — high
- **Estimates and Provisions** — medium
- **Currency Risks** — medium

- Project-based revenue recognition affects financial reporting
- Percentage-of-completion accounting for long-term contracts
- Fluctuations in reported revenue due to milestone payments
- Estimates and provisions for large defense contracts
- Currency risks from international operations impacting results

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*Last updated: 2026-08-11T04:04:55.716526+00:00*