YEAR-END REPORT February, Håkan Buskhe, President and CEO Magnus Örnberg, EVP and CFO

Size: px
Start display at page:

Download "YEAR-END REPORT February, Håkan Buskhe, President and CEO Magnus Örnberg, EVP and CFO"

Transcription

1 YEAR-END REPORT February, 2018 Håkan Buskhe, President and CEO Magnus Örnberg, EVP and CFO

2 2 MARKET DEVELOPMENT High global spending on defence and security Geopolitical tensions and improving economic conditions driving factors for increased spending Global defence spending in 2018 expected to increase vs 2017 The US and Europe expected to grow defence budgets Several European countries estimated to meet the NATO target of 2 per cent of GDP spending on defence in 2018 Next generation technologies in focus Cyber security

3 3 HIGHLIGHTS 2017 MARKET High interest globally in Saab offering Asia 18% Order bookings Africa 2% Australia, etc 6% Sweden 45% Order backlog Asia 12% Africa 1% Australia, etc 2% Sweden 37% Several strategic partnerships formed to strengthen local market position Offers US, based production capability for T-X trainer aircraft, if Boeing/Saab selected* Latin America 3% North America 9% RoE 17% Latin America 35% North America 4% RoE 9% Slovakia became first customer to deploy the Carl- Gustaf M4 System Australia pointed to Saab for Combat Management Systems (CMS) in future Naval platforms *Saab together with Boeing are competing to win the tender process to supply the United States Air Force with an advanced trainer aircraft

4 4 HIGHLIGHTS 2017 PERFORMANCE Strong order bookings, increase of 41 per cent y-o-y* Strengthened sales and operating income All business areas improved sales Improved operating margin Good cash flow; strong balance sheet Taken a step towards our long-term operating margin target of 10 per cent *Year-over-year

5 5 HIGHLIGHTS 2017 INNOVATION 23 per cent of sales invested in R&D Succesful first flight Gripen E in June; supersonic flight in October Order for New Generation anti-ship missile system from Sweden (FMV*) Saab Digital Air Services, provide remote digital air traffic control to further airports in Sweden Order for delivery of a Special Purpose Ship for Signal Intelligence (SIGINT) to Sweden *The Swedish Defence Material Administration

6 ORDERS RECEIVED IN

7 7 FINANCIAL HIGHLIGHTS YEAR-END 2017 BSEK Order Bookings % 21.8 BSEK Order Backlog FY 2016 FY FY 2016 FY 2017 BSEK 35 Sales +10% BSEK 3 Operating Income 2, , ,5 EBIT-margin FY 2016 FY FY 2016 FY 2017

8 8 CONTINUED EFFICIENCY IMPROVEMENT Continuously focus on efficient project execution Digitalisation drives efficiency improvements Automation IT-infrastructures Aligned organisational setup Focus on improved cash conversion Shorten lead-times

9 9 OUTLOOK STATEMENT 2018 Sales growth in 2018 is expected to be in line with Saab s long-term goal: annual organic growth of 5 per cent. The operating margin in 2018, excluding material nonrecurring items, is expected to improve compared to 2017, bringing Saab a further step closer to its financial goal: an operating margin of 10 per cent over a business cycle.

10 10 LONG-TERM FINANCIAL GOALS Focus on areas with strong market position MARKET Strengthen position in areas with growth possibilities Local partnerships 5% Organic sales growth averaging 5 per cent annually over a business cycle. PERFORMANCE Project execution Operational excellence and portfolio mgt Continuoulsy develop leaders and employees 10% Operating margin after depreciation and amortisation (EBIT) of at least 10 per cent annually over a business cycle. INNOVATION Further strengthen core technology areas Invest in research and development Diversity drives innovation >30% Equity/assets ratio of over 30 per cent.

11 FINANCIAL UPDATE 11

12 12 SUMMARY 2017 Strong order backlog; good level of medium-sized order bookings Continued strong sales growth, sales increase in all business areas Strengthened operating margin; Dynamics, airborne surveillance operations and support business good margin development Good cash flow, with large milestone payments related to large projects received Balance sheet strong

13 13 FINANCIAL KEY DATA MSEK FY 2017 FY 2016 Change Order Bookings 30,841 21, Order Backlog 106, ,606-1 Sales 31,394 28, Operating Income 2,155 1, operating margin, % Net Income 1,438 1, Operational Cash Flow 1,388 2,603 Free Cash Flow 852 2,359

14 14 ORDER BACKLOG Order Backlog Duration BSEK 31 Dec Dec Dec Total Total Total 113.8

15 15 ORDER SIZE DISTRIBUTION ,5 3 2,5 FY % Large Orders Small Orders* MSEK , ,5 0 65% Small orders* Large orders Book-to-bill ratio** *Small orders = <MSEK 100 **Book-to-bill ratio calculated as 12 months rolling

16 16 ORDER BOOKINGS & BACKLOG PER BA BSEK BSEK Order Bookings Aeronautics Dynamics Surveillance S&S IPS Kockums FY 2016 FY 2017 Order Backlog Aeronautics Dynamics Surveillance S&S IPS Kockums FY 2016 FY 2017 Significant orders within the Airborne Early Warning and Control Segment Kockums signed contract for modification and upgrading of Swedish Corvettes Dynamics received orders for Next Generation Light Anti-Tank Weapon System (NLAW) Continued support and maintenance of Gripen C/D involving several business areas Good level of medium sized orders

17 17 SALES PER BUSINESS AREA % +5% +22% % MSEK % % Aeronautics Dynamics Surveillance S&S IPS Kockums FY 2016 FY 2017 Sales increase in all business areas Dynamics delivering growth from record high order backlog Support & Services had strong growth in airborne surveillance operations Combitech, part of IPS, delivered strong growth

18 18 OPERATING INCOME PER BUSINESS AREA MSEK EBIT Margin Aeronautics Dynamics Surveillance S&S IPS Kockums FY 2016 FY 2017 Substantial growth in operating income and margin for Dynamics, Support and Services and Surveillance Higher activity level in operations related to airborne surveillance systems Support business strong profitability Lower operating earnings related to Gripen C/D due to changed projectmix

19 19 CASH FLOW Change in Working Capital MSEK Cash Flow from Operating Activities before Changes in Working Capital 3, Change in Working Capital -73 MSEK Cash Flow from Operating Activities before Changes in Working Capital Investing Activities Tax and Other Financial Items Acquisitions and Sale of Subsidiaries and Other Financial Assets Investing Activities -2,132 Operational Cash Flow 1,388 Tax and Other Financial Items Acquisitions and Sale of Subsidiaries and Other Financial Assets Free Cash Flow 852

20 20 FINANCIAL POSITION MSEK Net Liquidity (+) / Net Debt (-), 31 December ,836 Cash Flow from Operating Activities 3,164 Change in Net Pension Obligation -222 Net Investments -2,132 32% Equity/Assets Ratio Dividend -559 Currency Impact, Unrealised Results from Financial Investments and Acquisition of operations -249 Net Liquidity (+) / Net Debt (-), 31 December ,834 Net Pension Obligation, 31 December ,646 Total Interest-Bearing Assets, 31 December Liquidity Equity per Share (SEK)

21 21 FOCUS 2018 Continued focus on execution of large projects project management Build order backlog in selected areas Drive efficiency improvements throughout the organisation Functional and operational excellence

22

Saab Press Briefing CANSEC May John Belanger V.P. Communications Saab North America

Saab Press Briefing CANSEC May John Belanger V.P. Communications Saab North America Saab Press Briefing CANSEC 2018 30 May 2018 John Belanger V.P. Communications Saab North America 2 IN 1937 WE TOOK OFF A history from the 17th century through Alfred Nobel (Bofors) and the shipyard in

More information

Facts on the Bilateral Cooperation Program between Thailand and Sweden by the Swedish Government

Facts on the Bilateral Cooperation Program between Thailand and Sweden by the Swedish Government Facts on the Bilateral Cooperation Program between Thailand and Sweden by the Swedish Government Preamble In January 2004 Swedish Prime Minister and Swedish delegates paid a visit to Thailand. During the

More information

Interim Report. First quarter 2017, BioPorto Group. May 4, 2017 Announcement no. 09. BioPorto A/S CVR DK

Interim Report. First quarter 2017, BioPorto Group. May 4, 2017 Announcement no. 09. BioPorto A/S CVR DK Interim Report First quarter 2017, BioPorto Group May 4, 2017 Announcement no. 09 BioPorto A/S CVR DK-17500317 Highlights US clinical trials for The NGAL Test initiated and sales of the test has grown

More information

Kratos Defense & Security Solutions, Inc. Investor Briefing. March 2018 NASDAQ: KTOS 1

Kratos Defense & Security Solutions, Inc. Investor Briefing. March 2018 NASDAQ: KTOS 1 Kratos Defense & Security Solutions, Inc. Investor Briefing March 2018 NASDAQ: KTOS 1 Kratos Company Overview Kratos is a Technology and Products Company in the National Security Industry Primary Focus

More information

quarter 2018 results.

quarter 2018 results. 2 nd quarter 2018 results. strong margin conversion. Jacques van den Broek, CEO Henry Schirmer, CFO Randstad N.V. 24 July 2018 disclaimer. Certain statements in this document concern prognoses about the

More information

CSE Global Limited Annual General Meeting 19 April 2018

CSE Global Limited Annual General Meeting 19 April 2018 CSE Global Limited Annual General Meeting 19 April 2018 Presentation Agenda FY 2017 Business Overview FY 2017 Financial Overview Questions and Answers FY 2017 Business Overview 3 4 CSE Business Model We

More information

JAN 1 st DEC 31 st 2017

JAN 1 st DEC 31 st 2017 YEAR-END REPORT JANUARY DECEMBER 2017 OCT 1 st DEC 31 st 2017 Net sales amounted to EUR 6 123 thousand (3 621), a 69.1 percent increase EBITDA of EUR 333 thousand (-67) and EBITDA margin of 5.4 percent

More information

UNCLASSIFIED. UNCLASSIFIED Air Force Page 1 of 8 R-1 Line #86

UNCLASSIFIED. UNCLASSIFIED Air Force Page 1 of 8 R-1 Line #86 Exhibit R-2, RDT&E Budget Item Justification: PB 2017 Air Force : February 2016 3600: Research, Development, Test & Evaluation, Air Force / BA 5: System Development & Demonstration (SDD) COST ($ in Millions)

More information

Austal Ltd Andrew Bellamy Chief Executive Officer

Austal Ltd Andrew Bellamy Chief Executive Officer Austal Ltd Andrew Bellamy Chief Executive Officer ASX Spotlight Conference Andrew Bellamy, Chief Executive Officer February 2013 Austal Founded in 1988 and listed on the Australian Stock Exchange in 1998,

More information

Investor Presentation

Investor Presentation Investor Presentation Q4 FY 2017 Content India Improved rankings Exports Rupee appreciation hurting Financial Highlights Consistent Performance Infrastructure Plan, Prepare, Perform 2 of 33 India 3 of

More information

JAN 1 st SEP 30 th 2017

JAN 1 st SEP 30 th 2017 INTERIM REPORT JANUARY SEPTEMBER 2017 JUL 1 st SEP 30 th 2017 Net sales amounted to EUR 3 360 thousand (2 842), a 18.3 percent increase EBITDA of EUR 69 thousand (-373) and EBITDA margin of 2.1 percent

More information

2 b revenue (+10.7 %) 412 m revenue (+23.4 %) 2 BUSINESS UNITS

2 b revenue (+10.7 %) 412 m revenue (+23.4 %) 2 BUSINESS UNITS ANNUAL RESULTS 2017 2 BUSINESS UNITS Profil GROUPE CRIT REVENUE 2017: 2.4 b ( +12.7%) EBITDA: 149.6 m ( +20%) TEMPORARY STAFFING & RECRUITMENT 2 b revenue (+10.7 %) (83.8% of total revenue) 18 e world

More information

Air Defense System Solutions.

Air Defense System Solutions. Air Defense System Solutions www.aselsan.com.tr ADSS AIR DEFENSE SYSTEM SOLUTIONS AIR DEFENSE SYSTEM SOLUTIONS Effective air defense is based on integration and coordinated use of airborne and/or ground

More information

March Annual Results NextRadioTV Group

March Annual Results NextRadioTV Group March 2015 2014 Annual Results NextRadioTV Group Contents 1. Introduction 3 4 Key figures EBITDA: Profit from recurring operations after net amortisation of programmes and before other net amortisation

More information

PROFILE COMBAT SYSTEMS NAVAL SYSTEMS AEROSPACE ADVANCED TECHNOLOGIES LEADERS IN DEFENCE AND SECURITY INNOVATION

PROFILE COMBAT SYSTEMS NAVAL SYSTEMS AEROSPACE ADVANCED TECHNOLOGIES LEADERS IN DEFENCE AND SECURITY INNOVATION PROFILE COMBAT SYSTEMS NAVAL SYSTEMS AEROSPACE ADVANCED TECHNOLOGIES LEADERS IN DEFENCE AND SECURITY INNOVATION LEADERS IN DEFENCE & SECURITY INNOVATION 2 A GLOBAL BUSINESS Central Asia Europe South East

More information

1. Operating Environment Tenacity in a challenging enviroment

1. Operating Environment Tenacity in a challenging enviroment 1. Operating Environment Tenacity in a challenging enviroment Liquidity Challenges GDP Growth (Year-on-year) Regulatory Developments Liquidity shortages in the local market Depleted foreign currency reserves

More information

UNCLASSIFIED. UNCLASSIFIED Navy Page 1 of 5 P-1 Line #58

UNCLASSIFIED. UNCLASSIFIED Navy Page 1 of 5 P-1 Line #58 Exhibit P-40, Budget Line Item Justification: PB 2016 Navy Date: February 2015 1506N: Aircraft Procurement, Navy / BA 05: Modification of Aircraft / BSA 1: Modification of Aircraft ID Code (A=Service Ready,

More information

BreadTalk Group Limited

BreadTalk Group Limited BreadTalk Group Limited Financial Results Fourth Quarter and Full-Year 2016 Bakery Food Atrium Restaurant FY 2016 FINANCIAL HIGHLIGHTS Income Statement Highlights S$ Million 4Q 2016 4Q 2015 Y/Y FY 2016

More information

Appendix B: Formulae Used for Calculation of Hospital Performance Measures

Appendix B: Formulae Used for Calculation of Hospital Performance Measures Appendix B: Formulae Used for Calculation of Hospital Performance Measures ADJUSTMENTS Adjustment Factor Case Mix Adjustment Wage Index Adjustment Gross Patient Revenue / Gross Inpatient Acute Care Revenue

More information

1.83b. 335m. GROUP CRIT : 2.14b revenue. 19 th world s largest staffing firm (1) N.1 french indépendant AIRPORT SERVICES. 528 branches. N.

1.83b. 335m. GROUP CRIT : 2.14b revenue. 19 th world s largest staffing firm (1) N.1 french indépendant AIRPORT SERVICES. 528 branches. N. ANNUAL RESULTS 2016 PROFIL GROWTH IN THE 2 BUSINESS DIVISIONS 19 th world s largest staffing firm (1) N.1 french indépendant AIRPORT SERVICES 528 branches +30 000 clients TEMPORARY STAFFING & RECRUITMENT

More information

UNCLASSIFIED. FY 2017 Base FY 2017 OCO FY 2017 OCO. FY 2017 Base

UNCLASSIFIED. FY 2017 Base FY 2017 OCO FY 2017 OCO. FY 2017 Base Exhibit P-40, Budget Line Item Justification: PB 2017 Army Date: February 2016 2031A: Aircraft Procurement, Army / BA 02: Modification of Aircraft / BSA 10: Modification of Aircraft ID Code (A=Service

More information

RISK DASHBOARD Q (DATA AS OF Q2 2015)

RISK DASHBOARD Q (DATA AS OF Q2 2015) RISK DASHBOARD Q3 2015 (DATA AS OF Q2 2015) 2 Contents 1 Summary 3 2 Overview of the main risks and vulnerabilities in the banking sector 4 3 Heatmap 5 4 Key Risk Indicators (KRIs) 4.1 Solvency Tier 1

More information

Update on SwAF replacement of Air Surveillance, Air Defence Sensors and ground based naval sensors

Update on SwAF replacement of Air Surveillance, Air Defence Sensors and ground based naval sensors Update on SwAF replacement of Air Surveillance, Air Defence Sensors and ground based naval sensors LtCol (AF) Martin Bergstrand Head of sensor branch at the HQ C 4 I Department Scope Principles Where we

More information

RISK DASHBOARD Q (DATA AS OF Q4 2013)

RISK DASHBOARD Q (DATA AS OF Q4 2013) RISK DASHBOARD Q1 2014 (DATA AS OF Q4 2013) 2 Contents 1 Summary 3 2 Overview of the main risks and vulnerabilities in the banking sector 4 3 Heatmap 5 4 Key Risk Indicators (KRIs) 4.1 Solvency Tier 1

More information

CFA Challenge NUS Business School. Abhinav Goswami. Adarsh Abhineet. Arindam Bhattacharjee. Omer Khan. Shreya Gaunekar

CFA Challenge NUS Business School. Abhinav Goswami. Adarsh Abhineet. Arindam Bhattacharjee. Omer Khan. Shreya Gaunekar Abhinav Goswami Adarsh Abhineet Arindam Bhattacharjee Omer Khan Shreya Gaunekar CFA Challenge 2008 NUS Business School Analyst Recommendation to Healthway Medical Corporation Limited 9/17/2008 Healthway

More information

Investor Presentation 3 rd Qtr. - FY 2018

Investor Presentation 3 rd Qtr. - FY 2018 Investor Presentation 3 rd Qtr. - FY 2018 25 th January, 2018 1 of 34 Content Content INDIA 1 India 2 Global 3 Infrastructure 4 Financial Highlights 5 Recognition 2 of 34 INDIA 1 India 3 of 34 India Branded

More information

Annual results: Net income from ordinary operations increased by 21%

Annual results: Net income from ordinary operations increased by 21% . Annual results 2002 For more information, please contact: Sandra van Campen Phone: +31 20 569 5623 Diemen, February 18, 2003 Annual results: Net income from ordinary operations increased by 21% Highlights

More information

HALF-YEAR RESULTS 2017

HALF-YEAR RESULTS 2017 HALF-YEAR RESULTS 2017 PROFIL (FY 16) 2 BUSINESS DIVISIONS 19 th world s largest staffing firm (1) N.1 french indépendant AIRPORT SERVICES 528 branches +30 000 clients +230 000 temp. workers over 1.2 million

More information

Capital Markets Day Summary

Capital Markets Day Summary Capital Markets Day Summary Nick Buckles Group CEO Strategy Delivering enhanced growth 1 Drive outsourcing in all markets Extensive outsourcing opportunities in the Government sector, particularly in Justice,

More information

First quarter Wednesday, April 22, Bezons

First quarter Wednesday, April 22, Bezons Wednesday, April 22, - Bezons Disclaimers April 22, This document contains further forward-looking statements that involve risks and uncertainties concerning the Group's expected growth and profitability

More information

UNCLASSIFIED. R-1 ITEM NOMENCLATURE PE F: Specialized Undergraduate Pilot Training. FY 2011 Total Estimate. FY 2011 OCO Estimate

UNCLASSIFIED. R-1 ITEM NOMENCLATURE PE F: Specialized Undergraduate Pilot Training. FY 2011 Total Estimate. FY 2011 OCO Estimate Exhibit R-2, RDT&E Budget Item Justification: PB 2011 Air Force DATE: February 2010 COST ($ in Millions) FY 2009 Actual FY 2010 FY 2012 FY 2013 FY 2014 FY 2015 To Complete Program Element 11.801 10.862

More information

Specifications for the procurement of a new combat aircraft (NKF) and of a new ground-based air defence system (Bodluv) [German version is authentic]

Specifications for the procurement of a new combat aircraft (NKF) and of a new ground-based air defence system (Bodluv) [German version is authentic] Federal Department of Defence, Civil Protection and Sports DDPS 23 March 2018 Specifications for the procurement of a new combat aircraft (NKF) and of a new ground-based air defence system (Bodluv) [German

More information

Final Results Georg Hesse (CEO) Nate Glissmeyer (CPO) Dr Dirk Schmelzer (CFO) 24 March 2017

Final Results Georg Hesse (CEO) Nate Glissmeyer (CPO) Dr Dirk Schmelzer (CFO) 24 March 2017 Final Results 2016 Georg Hesse (CEO) Nate Glissmeyer (CPO) Dr Dirk Schmelzer (CFO) 24 March 2017 1. Overview 2016: What we achieved HolidayCheck continued to take market segment share in German package

More information

Citigroup Non-Profit Investors Conference

Citigroup Non-Profit Investors Conference Citigroup Non-Profit Investors Conference May 24, 2017 Maine Health Care Market Hospitals are increasingly consolidated into systems - 36 hospitals in the state all not-for-profit - 84% of state s beds

More information

Kforce Inc. J.P. Morgan Ultimate Services Investor Conference November 14, 2017

Kforce Inc. J.P. Morgan Ultimate Services Investor Conference November 14, 2017 Kforce Inc. J.P. Morgan Ultimate Services Investor Conference November 14, 2017 Forward Looking Statements All of the information presented that is not historical in nature should be considered to be forward-looking

More information

STOCK EXCHANGE BULLETIN 21 OCTOBER a.m.

STOCK EXCHANGE BULLETIN 21 OCTOBER a.m. CITYCON OYJ STOCK EXCHANGE BULLETIN 21 OCTOBER 2004 11.30 a.m. CITYCON S INTERIM REPORT 1 JANUARY 30 SEPTEMBER 2004 - Profit before extraordinary items and taxes rose to EUR 17.8 million (EUR 15.4 million)

More information

Report Price: US$4,800 (Single User) The Global Military Radar Market

Report Price: US$4,800 (Single User) The Global Military Radar Market Report Price: US$4,800 (Single User) The Global Military Radar Market 2014-2024 US$ Billion The Global Military Radar Market 2014-2024 1 Global Military Radar Market Size and Drivers 1.1 Military Radar

More information

Reconsidering the Relevancy of Air Power German Air Force Development

Reconsidering the Relevancy of Air Power German Air Force Development Abstract In a dynamically changing and complex security political environment it is necessary to constantly reconsider the relevancy of air power. In these days of change, it is essential to look far ahead

More information

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC FORM 8-K CURRENT REPORT

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC FORM 8-K CURRENT REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event

More information

Level 3 and tw telecom: Strengthening Level 3 s Position as a Premier Global Communications Company. Level 3 To Acquire tw telecom

Level 3 and tw telecom: Strengthening Level 3 s Position as a Premier Global Communications Company. Level 3 To Acquire tw telecom Level 3 To Acquire tw telecom June 16, 2014 tw telecom s U.S.-based, enterprise-focused business is highly complementary to Level 3 s local-to-global business and positions Level 3 as a premier provider

More information

Investor Presentation Q1 FY 2017

Investor Presentation Q1 FY 2017 Investor Presentation Q1 FY 2017 www.ajantapharma.com 1 of 27 Content Financial Highlights Industry Update India Financial Highlights Emerging Markets USA Infrastructure 2 of 27 India 3 of 27 India Branded

More information

Forward Looking Statements

Forward Looking Statements Forward Looking Statements All of the information presented that is not historical in nature should be considered to be forward-looking statements that are subject to certain risks, uncertainties or assumptions

More information

specialization show the way forward

specialization show the way forward Click to edit Master title styledigitalization and specialization show the way forward Capio Annual General Meeting 2018 Thomas Berglund, President and CEO Content Key events 2017 operational and financial

More information

3 rd quarter results 2009

3 rd quarter results 2009 3 rd quarter results 2009 revenue trend gradually turning; increased gross margin pressure largely offset by continued strong cost management RobertJan van de Kraats, CFO Randstad Holding nv October 29,

More information

2016 ANNUAL RESULTS HUMAN RESOURCES MANAGEMENT 6 APRIL, 2017 STUDIO HARCOURT 6 RUE DE LOTA PARIS 16 E 10H30

2016 ANNUAL RESULTS HUMAN RESOURCES MANAGEMENT 6 APRIL, 2017 STUDIO HARCOURT 6 RUE DE LOTA PARIS 16 E 10H30 2016 ANNUAL RESULTS HUMAN RESOURCES MANAGEMENT 6 APRIL, 2017 STUDIO HARCOURT 6 RUE DE LOTA PARIS 16 E 10H30 CONTENTS SYNERGIE, EUROPE'S FIFTH-LARGEST HUMAN RESOURCES MANAGEMENT GROUP HIGHLIGHTS 2016 ANNUAL

More information

UNCLASSIFIED R-1 ITEM NOMENCLATURE. FY 2014 FY 2014 OCO ## Total FY 2015 FY 2016 FY 2017 FY 2018

UNCLASSIFIED R-1 ITEM NOMENCLATURE. FY 2014 FY 2014 OCO ## Total FY 2015 FY 2016 FY 2017 FY 2018 Exhibit R-2, RDT&E Budget Item Justification: PB 2014 Navy DATE: April 2013 COST ($ in Millions) Years FY 2012 FY 2013 # ## FY 2015 FY 2016 FY 2017 FY 2018 To Program Element 174.037 11.276 8.610 1.971-1.971

More information

Case No COMP/M SAAB / EMW. REGULATION (EC) No 139/2004 MERGER PROCEDURE. Article 6(1)(b) NON-OPPOSITION Date: 31/08/2006

Case No COMP/M SAAB / EMW. REGULATION (EC) No 139/2004 MERGER PROCEDURE. Article 6(1)(b) NON-OPPOSITION Date: 31/08/2006 EN Case No COMP/M.4288 - SAAB / EMW Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 31/08/2006 In electronic form on

More information

UNCLASSIFIED. R-1 ITEM NOMENCLATURE PE D8Z: Common Joint Tactical Information. FY 2011 Total Estimate. FY 2011 OCO Estimate

UNCLASSIFIED. R-1 ITEM NOMENCLATURE PE D8Z: Common Joint Tactical Information. FY 2011 Total Estimate. FY 2011 OCO Estimate COST ($ in Millions) FY 2009 Actual FY 2010 FY 2012 FY 2013 FY 2014 FY 2015 Cost To Complete Program Element 19.873 20.466 20.954 0.000 20.954 21.254 21.776 22.071 22.305 Continuing Continuing 771: Link-16

More information

INTEGRATED INFRASTRUCTURE

INTEGRATED INFRASTRUCTURE 13286_Half_year_20.qxp 11/8/ 21:04 Page 3 Half-year update 20 INTEGRATED INFRASTRUCTURE Pre-tax profit up 14% to 108m Order book of 12.5bn Significant profit growth in building sector, driven by particularly

More information

CONSTRUCCIONES MAQUINARIAS INMOBILIARIA MD MONTAJES KIPREOS BESCO (PERU) CONCESIONES ENERGÍA RENOVABLE QUARTERLY FINANCIAL REPORT JUNE 2016

CONSTRUCCIONES MAQUINARIAS INMOBILIARIA MD MONTAJES KIPREOS BESCO (PERU) CONCESIONES ENERGÍA RENOVABLE QUARTERLY FINANCIAL REPORT JUNE 2016 CONSTRUCCIONES MAQUINARIAS INMOBILIARIA MD MONTAJES KIPREOS BESCO (PERU) CONCESIONES ENERGÍA RENOVABLE QUARTERLY FINANCIAL REPORT JUNE 2016 besalco s.a. CONSOLIDATED STATEMENT OF EARNINGS (CLP MILLION)

More information

Santander Latin American Conference. Cancun, January 2009

Santander Latin American Conference. Cancun, January 2009 Santander Latin American Conference Cancun, January 2009 AGENDA Company Overview IT Industry in Latin America SONDA Strategic Plan Outlook 2 Company Overview Largest Latin American IT Services Network

More information

RISK DASHBOARD Q (DATA AS OF Q2 2014)

RISK DASHBOARD Q (DATA AS OF Q2 2014) RISK DASHBOARD Q3 2014 (DATA AS OF Q2 2014) 2 Contents 1 Summary 3 2 Overview of the main risks and vulnerabilities in the banking sector 4 3 Heatmap 5 4 Key Risk Indicators (KRIs) 4.1 Solvency Tier 1

More information

FY 2017 results. Financial Details Contacts, Calendar & Disclaimer

FY 2017 results. Financial Details Contacts, Calendar & Disclaimer 1 2 Financial Details Contacts, Calendar & Disclaimer Financial Highlights m FY 2016 FY 2017 % YoY Sales 38,173 37,965-1 EBITDA 1 4,939 4,955 +0 EBIT 1 3,112 3,074-1 Adjusted net income 1 904 1,427 +58

More information

155 Third Generation Maritime Fire Support (155 TMF) Robert McClure BAE Systems Global Combat Systems

155 Third Generation Maritime Fire Support (155 TMF) Robert McClure BAE Systems Global Combat Systems 155 Third Generation Maritime Fire Support (155 TMF) Robert McClure BAE Systems Global Combat Systems 1 Contents BAE Systems Context Global Combat Systems Products AS90 Self Propelled Mk8 4.5 Naval Gun

More information

UNCLASSIFIED. UNCLASSIFIED Air Force Page 1 of 8 R-1 Line #211

UNCLASSIFIED. UNCLASSIFIED Air Force Page 1 of 8 R-1 Line #211 Exhibit R-2, RDT&E Budget Item Justification: PB 2015 Air Force Date: March 2014 3600: Research, Development, Test & Evaluation, Air Force / BA 7: Operational Systems Development COST ($ in Millions) Prior

More information

PRESENTATION TO THE PORTFOLIO COMMITTEE ON DEFENCE AND MILITARY VETERANS SANDF ANNUAL PERFORMANCE PLAN FY12/13

PRESENTATION TO THE PORTFOLIO COMMITTEE ON DEFENCE AND MILITARY VETERANS SANDF ANNUAL PERFORMANCE PLAN FY12/13 PRESENTATION TO THE PORTFOLIO COMMITTEE ON DEFENCE AND MILITARY VETERANS SANDF ANNUAL PERFORMANCE PLAN FY12/13 Rear Admiral A.G. Green 02 May 2012 RESTRICTED 1 AIM To provide the Portfolio Committee on

More information

Investor Presentation. February 2017

Investor Presentation. February 2017 Investor Presentation February 2017 Disclaimer This presentation contains historical information of the company which should not be regarded as an indication of future performance or results. This presentation

More information

We provide innovative solutions that protect and save lives.

We provide innovative solutions that protect and save lives. 1 We provide innovative solutions that protect and save lives. Defense Commercial Aviation Homeland Security Medical Instrumentation Sustainment & Support 2 Our Corporate Snapshot Elbit Systems of America

More information

UNCLASSIFIED. UNCLASSIFIED Air Force Page 1 of 15 R-1 Line #232

UNCLASSIFIED. UNCLASSIFIED Air Force Page 1 of 15 R-1 Line #232 Exhibit R-2, RDT&E Budget Item Justification: PB 2015 Air Force : March 2014 3600: Research, Development, Test & Evaluation, Air Force / BA 7: Operational Systems Development COST ($ in Millions) # FY

More information

UNCLASSIFIED. UNCLASSIFIED Air Force Page 1 of 9 R-1 Line #94

UNCLASSIFIED. UNCLASSIFIED Air Force Page 1 of 9 R-1 Line #94 Exhibit R-2, RDT&E Budget Item Justification: PB 2015 Air Force Date: March 2014 3600: Research, Development, Test & Evaluation, Air Force / BA 5: System Development & Demonstration (SDD) COST ($ in Millions)

More information

A Electronic Combat 28. C Land 3 E. C Communications 21 & Control D Intelligence, 15 Surveillance & B Reconnaissance (ISR) D Aircraft Solutions/

A Electronic Combat 28. C Land 3 E. C Communications 21 & Control D Intelligence, 15 Surveillance & B Reconnaissance (ISR) D Aircraft Solutions/ ELECTRONIC SYSTEMS Electronic Systems comprises the US and UK-based electronics activities, including electronic warfare systems and electro-optical sensors, military and commercial digital engine and

More information

SUMMARY OF NATIONAL DEFENSE PROGRAM GUIDELINES. for FY 2011 and beyond

SUMMARY OF NATIONAL DEFENSE PROGRAM GUIDELINES. for FY 2011 and beyond (Provisional Translation) SUMMARY OF NATIONAL DEFENSE PROGRAM GUIDELINES for FY 2011 and beyond Approved by the Security Council and the Cabinet on December 17, 2010 I. NDPG s Objective II. Basic Principles

More information

UNCLASSIFIED FY 2017 OCO. FY 2017 Base

UNCLASSIFIED FY 2017 OCO. FY 2017 Base Exhibit P-40, Budget Line Item Justification: PB 2017 Navy Date: February 2016 1810N: Other Procurement, Navy / BA 04: Ordnance Support Equipment / BSA 3: Ship Missile Systems Equipment ID Code (A=Service

More information

Lehto Group Plc business review, 1 january 30 september Net sales up by 58.2%, operating profit was 9.1% of net sales

Lehto Group Plc business review, 1 january 30 september Net sales up by 58.2%, operating profit was 9.1% of net sales Lehto Group Plc business review, 1 january 30 september 2017 Net sales up by 58.2%, operating profit was 9.1% of net sales This is not an interim report as specified in the IAS 34 standard. The company

More information

Proposed U.S. Arms Export Agreements From January 1, 2008 to December 31, 2008 Published on Arms Control Association (

Proposed U.S. Arms Export Agreements From January 1, 2008 to December 31, 2008 Published on Arms Control Association ( Proposed U.S. Arms Export Agreements From January 1, 2008 to December 31, 2008 Fact Sheets & Briefs Contact: Jeff Abramson, Non-Resident Senior Fellow for Arms Control and Conventional Arms Transfers,

More information

FY 2017 Results Presentation. Milan, 24 th April FY 2017 Results Presentation

FY 2017 Results Presentation. Milan, 24 th April FY 2017 Results Presentation FY 2017 Results Presentation Milan, 24 th April 2018 FY 2017 Results Presentation Milan, 24 th April 2018 FY 2017 Results Presentation Milan, 24 th April 2018 Audience & Advertising gen-16 feb-16 mar-16

More information

UNCLASSIFIED. UNCLASSIFIED Air Force Page 1 of 8 P-1 Line #50

UNCLASSIFIED. UNCLASSIFIED Air Force Page 1 of 8 P-1 Line #50 Exhibit P-40, Budget Line Item Justification: PB 2017 Air Force Date: February 2016 3010F: Aircraft Procurement, Air Force / BA 05: Modification of Inservice Aircraft / BSA 5: Other Aircraft ID Code (A=Service

More information

UNCLASSIFIED. R-1 ITEM NOMENCLATURE PE N: ASW Systems Development

UNCLASSIFIED. R-1 ITEM NOMENCLATURE PE N: ASW Systems Development Exhibit R-2, RDT&E Budget Item Justification: PB 2012 Navy DATE: February 2011 COST ($ in Millions) FY 2010 FY 2013 FY 2014 FY 2015 FY 2016 Navy Page 1 of 17 R-1 Line Item #30 To Program Element 25.144

More information

Strong. Secure. Engaged: Canada s New Defence Policy

Strong. Secure. Engaged: Canada s New Defence Policy Strong. Secure. Engaged: Canada s New Defence Policy Putting People First Long-term Capability Investments Spending Growth and Financial Transparency Bold New Vision 2 Putting People First People are the

More information

Rebalancing the Cost Structure: Progressive Health Systems, Inc. Bob Haley, CEO Steve Hall, CFO

Rebalancing the Cost Structure: Progressive Health Systems, Inc. Bob Haley, CEO Steve Hall, CFO Rebalancing the Cost Structure: Progressive Health Systems, Inc. Bob Haley, CEO Steve Hall, CFO THE MARKET & PHS S POSITION 2 Progressive Health Systems, Inc. (dba Pekin Hospital) Pekin, IL 3 4 5 Nearby

More information

UNCLASSIFIED R-1 ITEM NOMENCLATURE FY 2013 OCO

UNCLASSIFIED R-1 ITEM NOMENCLATURE FY 2013 OCO Exhibit R-2, RDT&E Budget Item Justification: PB 2013 Air Force DATE: February 2012 COST ($ in Millions) FY 2011 FY 2012 FY 2014 FY 2015 FY 2016 FY 2017 Air Force Page 1 of 16 R-1 Line #227 To Program

More information

UNCLASSIFIED. R-1 ITEM NOMENCLATURE PE D8Z: Central Test and Evaluation Investment Program (CTEIP) FY 2011 Total Estimate. FY 2011 OCO Estimate

UNCLASSIFIED. R-1 ITEM NOMENCLATURE PE D8Z: Central Test and Evaluation Investment Program (CTEIP) FY 2011 Total Estimate. FY 2011 OCO Estimate COST ($ in Millions) FY 2009 Actual FY 2010 FY 2012 FY 2013 FY 2014 FY 2015 Cost To Complete Program Element 143.612 160.959 162.286 0.000 162.286 165.007 158.842 156.055 157.994 Continuing Continuing

More information

2017 HALF-YEAR RESULTS STUDIO HARCOURT 6 RUE DE LOTA PARIS 16 E SEPTEMBRE 14, H30

2017 HALF-YEAR RESULTS STUDIO HARCOURT 6 RUE DE LOTA PARIS 16 E SEPTEMBRE 14, H30 2017 HALF-YEAR RESULTS STUDIO HARCOURT 6 RUE DE LOTA PARIS 16 E SEPTEMBRE 14, 2017-10H30 SOMMAIRE CONTENTS SYNERGIE, EUROPE S FIFTH-LARGEST HUMAN RESOURCES MANAGEMENT GROUP HIGHLIGHTS 2017 HALF-YEARLY

More information

GUIDELINES FOR SUBMISSION OF APPLICATION FOR LICENCE UNDER THE ICT LICENSING FRAMEWORK OF Botswana Communications Regulatory Authority

GUIDELINES FOR SUBMISSION OF APPLICATION FOR LICENCE UNDER THE ICT LICENSING FRAMEWORK OF Botswana Communications Regulatory Authority GUIDELINES FOR SUBMISSION OF APPLICATION FOR LICENCE UNDER THE ICT LICENSING FRAMEWORK OF 2015 Botswana Communications Regulatory Authority SEPTEMBER 2015 1 Contents INTRODUCTION... 3 Network Facilities

More information

Exhibit R-2, RDT&E Budget Item Justification

Exhibit R-2, RDT&E Budget Item Justification PE NUMBER: 0603500F PE TITLE: MULTI-DISCIPLINARY ADV Exhibit R-2, RDT&E Budget Item Justification BUDGET ACTIVITY PE NUMBER AND TITLE Cost ($ in Millions) FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 FY 2011

More information

BOARD OF DIRECTORS REPORT

BOARD OF DIRECTORS REPORT Board of Directors BOARD OF DIRECTORS REPORT A NEW TELIASONERA IS TAKING SHAPE For TeliaSonera, 2015 was a year of tough challenges and crucial decisions on the future direction of the company, but also

More information

Report to the Public Accounts Committee on the basis for a possible acquisition of combat aircraft. March 2009

Report to the Public Accounts Committee on the basis for a possible acquisition of combat aircraft. March 2009 Report to the Public Accounts Committee on the basis for a possible acquisition of combat aircraft March 2009 REPORT ON THE BASIS FOR A POSSIBLE ACQUISITION OF COMBAT AIRCRAFT Contents I. Introduction

More information

Needham Growth Conference. January 12, 2012

Needham Growth Conference. January 12, 2012 Needham Growth Conference Forward Looking Statements Certain statements made in this presentation that are not based on historical information are forward-looking statements which are made pursuant to

More information

The Global Military Ammunition Market The Global Military Ammunition Market

The Global Military Ammunition Market The Global Military Ammunition Market The Global Military Ammunition Market 2013 2023 1 TABLE OF CONTENTS 1 Introduction... 11 1.1 What is this Report About?... 11 1.2 Definitions... 11 1.3 Summary Methodology... 13 1.4 About Strategic Defence

More information

UNCLASSIFIED R-1 ITEM NOMENCLATURE FY 2013 OCO

UNCLASSIFIED R-1 ITEM NOMENCLATURE FY 2013 OCO Exhibit R-2, RDT&E Budget Item Justification: PB 2013 United States Special Operations Command DATE: February 2012 COST ($ in Millions) FY 2011 FY 2012 Total FY 2014 FY 2015 FY 2016 FY 2017 To Complete

More information

Subj: ELECTRONIC WARFARE DATA AND REPROGRAMMABLE LIBRARY SUPPORT PROGRAM

Subj: ELECTRONIC WARFARE DATA AND REPROGRAMMABLE LIBRARY SUPPORT PROGRAM DEPARTMENT OF THE NAVY OFFICE OF THE CHIEF OF NAVAL OPERATIONS 2000 NAVY PENTAGON WASHINGTON, DC 20350-2000 OPNAVINST 3430.23C N2/N6 OPNAV INSTRUCTION 3430.23C From: Chief of Naval Operations Subj: ELECTRONIC

More information

Navy & Marine Corps Vertical Lift: Past and Future

Navy & Marine Corps Vertical Lift: Past and Future Navy & Marine Corps Vertical Lift: Past and Future 22 Oct 2015 Cleared for public release NAVAIR-PEOA-055-2014 1 Presented to: Center for Strategic and International Studies Presented by: Michael Fallon

More information

Sixth Investor Conference Turning organic growth into superior shareholder value

Sixth Investor Conference Turning organic growth into superior shareholder value Sixth Investor Conference Turning organic growth into superior shareholder value César Alierta Executive Chairman and CEO of Telefónica London, October 11 th 2007 Index 1 2 3 4 Telefónica: an unmatched

More information

Kuraray to Acquire DuPont Glass Laminating Solutions/Vinyls

Kuraray to Acquire DuPont Glass Laminating Solutions/Vinyls Contacts: Kuraray DuPont Tomoyuki Shimamoto Carole Davies +81-3-6701-1071 +1-248-583-8112 kuraraykoho@kuraray.co.jp carole.a.davies@dupont.com Kuraray to Acquire DuPont Glass Laminating Solutions/Vinyls

More information

UNCLASSIFIED FY 2016 OCO. FY 2016 Base

UNCLASSIFIED FY 2016 OCO. FY 2016 Base Exhibit R2, RDT&E Budget Item Justification: PB 2016 Navy Date: February 2015 1319: Research, Development, Test & Evaluation, Navy / BA 6: RDT&E Management Support COST ($ in Millions) Prior Years R1 Program

More information

UNCLASSIFIED. FY 2017 Base FY 2017 OCO

UNCLASSIFIED. FY 2017 Base FY 2017 OCO Exhibit P-40, Budget Line Item Justification: PB 2017 Air Force Date: February 2016 3020F: Missile Procurement, Air Force / BA 03: Modification of Inservice Missiles / BSA 1: Class IV ID Code (A=Service

More information

UNCLASSIFIED R-1 ITEM NOMENCLATURE

UNCLASSIFIED R-1 ITEM NOMENCLATURE Exhibit R-2, RDT&E Budget Item Justification: PB 2014 Air Force DATE: April 2013 COST ($ in Millions) # ## FY 2015 FY 2016 FY 2017 FY 2018 To Program Element - 108.021 21.000 3.000-3.000 3.000 2.000 0.000

More information

UNCLASSIFIED. R-1 ITEM NOMENCLATURE PE D8Z: Central Test and Evaluation Investment Program (CTEIP) FY 2013 OCO

UNCLASSIFIED. R-1 ITEM NOMENCLATURE PE D8Z: Central Test and Evaluation Investment Program (CTEIP) FY 2013 OCO COST ($ in Millions) FY 2011 FY 2012 FY 2013 Base FY 2013 OCO FY 2013 Total FY 2014 FY 2015 FY 2016 FY 2017 Cost To Complete Total Cost Total Program Element 157.971 156.297 144.109-144.109 140.097 141.038

More information

U.S. Air Force Electronic Systems Center

U.S. Air Force Electronic Systems Center U.S. Air Force Electronic Systems Center A Leader in Command and Control Systems By Kevin Gilmartin Electronic Systems Center The Electronic Systems Center (ESC) is a world leader in developing and fielding

More information

Investor Presentation: Q Results Update

Investor Presentation: Q Results Update Investor Presentation: Q4 2014 Results Update Important Disclaimer This presentation is intended to provide a general outline only and is not intended to be a definitive statement on the subject matter.

More information

Strengthening partnerships: Nordic defence collaboration amid regional security concerns

Strengthening partnerships: Nordic defence collaboration amid regional security concerns Strengthening partnerships: Nordic defence collaboration amid regional security concerns [Content preview Subscribe to IHS Jane s Defence Weekly for full article] While still nascent, Nordic defence co-operation

More information

Together. Free your energies. Cheuvreux Autumn Conference. September 29, Paul Hermelin, CEO

Together. Free your energies. Cheuvreux Autumn Conference. September 29, Paul Hermelin, CEO Cheuvreux Autumn Conference September 29, 2009 Paul Hermelin, CEO Solid H1 Achievements in a Tough Environment H1 commitments delivered Limited YoY revenue decrease, good margin protection Positive momentum

More information

I 2 Program Frequently Asked Questions

I 2 Program Frequently Asked Questions I 2 Program Frequently Asked Questions What is the Genome BC Industry Innovation (I 2 ) Program? The I 2 Program offers repayable growth capital to businesses (with less than 500 employees), commercializing

More information

Half-year figures 2017 Media and analyst information. Page 2 29 August 2017

Half-year figures 2017 Media and analyst information. Page 2 29 August 2017 Page 1 Half-year figures 2017 Media and analyst information Page 2 29 August 2017 Pietro Supino Publisher & Chairman of the Board of Directors Page 3 29 August 2017 Christoph Tonini Chief Executive Officer

More information

UNCLASSIFIED. R-1 ITEM NOMENCLATURE PE F: Requirements Analysis and Maturation. FY 2011 Total Estimate. FY 2011 OCO Estimate

UNCLASSIFIED. R-1 ITEM NOMENCLATURE PE F: Requirements Analysis and Maturation. FY 2011 Total Estimate. FY 2011 OCO Estimate Exhibit R-2, RDT&E Budget Item Justification: PB 2011 Air Force DATE: February 2010 COST ($ in Millions) FY 2009 Actual FY 2010 FY 2012 FY 2013 FY 2014 FY 2015 To Complete Program Element 0.000 35.533

More information

Bang & Olufsen Group. Annual Report 2007/08

Bang & Olufsen Group. Annual Report 2007/08 Bang & Olufsen Group Annual Report 2007/08 Profit before tax DKK 154 million against DKK 524 million last year, a decrease of DKK 370 million Turnover DKK 4,092 million against DKK 4,376 million last year,

More information

UNCLASSIFIED. UNCLASSIFIED Navy Page 1 of 6 R-1 Line #162

UNCLASSIFIED. UNCLASSIFIED Navy Page 1 of 6 R-1 Line #162 Exhibit R2, RDT&E Budget Item Justification: PB 2015 Navy Date: March 2014 1319: Research, Development, Test & Evaluation, Navy / BA 6: RDT&E Management Support COST ($ in Millions) Prior Years FY 2013

More information

Terma and F-35 Global supplier to the Joint Strike Fighter program

Terma and F-35 Global supplier to the Joint Strike Fighter program Terma and F-35 Global supplier to the Joint Strike Fighter program The world s largest defense industrial project The F-35 project is headed by Lockheed Martin, with Northrop Grumman and BAE Systems as

More information

J.P. MORGAN GLOBAL HIGH YIELD & LEVERAGED FINANCE CONFERENCE FEBRUARY 29, 2016

J.P. MORGAN GLOBAL HIGH YIELD & LEVERAGED FINANCE CONFERENCE FEBRUARY 29, 2016 J.P. MORGAN GLOBAL HIGH YIELD & LEVERAGED FINANCE CONFERENCE FEBRUARY 29, 2016 Forward-Looking Statements This presentation may contain forward-looking statements based on current management expectations.

More information

Q Manpower. Employment Outlook Survey New Zealand. A Manpower Research Report

Q Manpower. Employment Outlook Survey New Zealand. A Manpower Research Report Manpower Q4 6 Employment Outlook Survey New Zealand A Manpower Research Report Manpower Employment Outlook Survey New Zealand Contents Q4/6 New Zealand Employment Outlook 1 Regional Comparisons Sector

More information