Interim report
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SAAB TECHNOLOGIES SAAB Continued good order and sales growth KEY HIGHLIGHTS Q1 2021 Order intake up 22 % , strengthening position in strategic markets . Sales growth of 13 % , supported by a solid order backlog and activity level . EBITDA increased to SEK 1,066m ( 914 ) , corresponding to a margin of 11.7 % . Operating income amounted to SEK 597m ( 560 ) , margin of 6.6 % . Operational cash flow was SEK -160m ( -1,582 ) . Orders / milestones : Gripen C / D support contract to Sweden , orders for Carl - Gustaf and delivery of the third GlobalEye to UAE . New organizational structure to be implemented July 1 , 2021 , for increased focus on efficiency and a clearer connection between business areas , core areas , services and a simplified customer interaction . FINANCIAL HIGHLIGHTS MSEK Jan - Mar 2021 Jan - Mar 2020 Change , % Full Year 2020 Order bookings 5,871 4,823 22 42,328 Order backlog Sales Gross income Gross margin , % EBITDA EBITDA margin , % 97,211 90,234 8 99,816 9,088 8,040 13 35,431 1,934 1,880 3 5,676 21.3 23.4 16.0 1,066 914 17 2,833 11.7 11.4 8.0 Operating income ( EBIT ) 597 560 7 1,315 Operating margin , % 6.6 7.0 3.7 Net income 396 342 16 1,092 of which Parent Company's shareholders ' interest 392 334 17 1,073 Earnings per share after dilution , SEK 1 ) 2.94 2.50 8.01 Return on equity , % 2 ) 5.2 9.3 5.1 Operational cash flow Free cash flow Free cash flow per share after dilution , SEK 1 ) Average number of shares after dilution 2 ) Return on equity is measured over a rolling 12 - month period . -160 -1,582 2,773 -265 -1,700 3,753 -1.99 -12.71 28.03 133,213,468 133,701,893 133,877,141 Q1 JANUARY - MARCH 2021 Order bookings 5.9 BSEK Sales growth 13 % Operating margin 6.6 %