Samuel Burgess's questions to SAABF leadership • Q4 2024
Question
Asked about the motivation behind the recent business reorganization that delegated more responsibility to business areas, and whether the loss provision in the Surveillance business has fully contained the issue.
Answer
The executive explained that the reorganization is a response to company growth, aiming for more agility and a bottom-up strategy focus, with enhanced performance management at the business area level. Regarding the Surveillance provision, it was made with the intent to fully resolve the problem, and the underlying business margin remains fine. The company's approach is to resolve such issues with a single provision rather than incrementally.