Saab Orders More Than Triple to 65.8 Billion Kronor in Third Quarter
Photo: TokenPost
Saab’s new orders more than tripled in the third quarter to 65.8 billion Swedish kronor ($6.6 billion), lifted by major military contracts including a fighter-jet deal for Ukraine. The total was up from 20.9 billion kronor in the year-earlier quarter. Sales reached 20.6 billion kronor, above the 20 billion kronor forecast. Earnings before interest and taxes were 1.95 billion kronor, topping the 1.9 billion kronor estimate. The largest highlighted deal was a 24.6 billion kronor contract for 16 Gripen E fighter jets for Ukraine.
Source: TokenPost
