Bank of America is bullish on next week’s Q3:
Bank of America expects defense contractor Saab to beat analysts’ expectations for order intake, revenue and operating profit in the third quarter. The bank reiterates its Buy recommendation with a target price of SEK 720
Bank of America also expects order intake of SEK 60bn, which is 19 percent above consensus
Personally, I’m interested in how the company will be able to increase its production capacity, e.g., the target to significantly ramp up production volumes of the E-model. Technology becomes obsolete over time, and you need to strike while the demand spike is hot.