Gross margins on Saab Original parts are on continued good levels

May 2, 2019Goran AničićNo commentOrio Saab Original parts Saab parts Saab Spare Parts

Orio AB reports an operating result of MSEK -8 (-1) for the period January – March 2019. Net sales for the period amounted to MSEK 127 (154), a decrease by 18 percent compared to the corresponding period of the previous year.

The first quarter of 2019 was marked by the termination of the investment in spare parts for other car brands, which has led to redundancy and reorganization within the business area Parts, says Jonas Tegström, CEO of Orio AB.

Sales of Saab Original parts are declining according to expectations in all markets, but the gross margins are still at good levels, says Jonas Tegström.

Saab Parts net Sales

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In the logistics area, further new customer contracts were signed during the quarter.

Cash flow from operations for the quarter was MSEK -25 (-17) and the equity ratio per 31 March 2019 was 73 percent (75).

Tags:Orio Saab Original parts Saab parts Saab Spare Parts

Goran AničićMay 2, 2019

the authorGoran Aničić

For over 15 years, Goran Aničić has been passionately focused on Saab automobiles and everything related to them. His initial encounter with Saab cars took place back in 2003 when the first Saab 9-3 and sedan version were introduced. At that moment, he was captivated by the car's Scandinavian design logic and top-notch engineering, and everything that followed stemmed from that first encounter. Later on, through his work at the editorial team of the Serbian automotive magazines "Autostart" and later "AutoBild," he had the opportunity to engage more closely with Saab vehicles. In 2008, he tested the latest Saab cars of that time, such as the Saab 9-3 TTiD Aero and Saab 9-3 Turbo X. In 2010, as the sole blogger from the region, he participated in the Saab 9-5ng presentation in Trollhättan, Sweden. Alongside journalists from around the world, he got a firsthand experience of the pinnacle of technological offerings from Saab at that time. Currently, Goran owns two Saabs: a 2008 Saab 9-3 Vector Sportcombi with a manual transmission, and a Saab 9-3 Aero Griffin Sport Sedan from the last generation, which rolled off the production line in Trollhättan in December 2011.