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Stock Market News

Saab first-quarter operating profit rises

04/22/2022

Less than a minute

2022.04.22 09:02

Saab first-quarter operating profit rises
FILE PHOTO: The Swedish Saab JAS 39 Gripen fighter jet performs during the Dubai Air Show in Dubai, United Arab Emirates, November 12, 2017. REUTERS/Satish Kumar

STOCKHOLM (Reuters) – Swedish defence products company Saab reported on Friday growing first-quarter profits and said it would increase capacity to meet further demand.

Operating profit at Saab, maker of the Gripen fighter jet, was 654 million Swedish crowns ($68.8 million) in the quarter, up from 597 million in the year-ago period.

($1 = 9.5029 Swedish crowns)

Source

04/22/2022

Less than a minute