Page 3 - Anna Ringstrom News Today

STOCKHOLM (Reuters) -Finnair is pausing flights to Tartu in eastern Estonia for one month due to GPS disturbances in the area, the Finnish airline said on Monday. GPS jamming and spoofing have grown worse in Eastern Europe, the Black Sea and the Middle...

Swedish defence equipment maker Saab reported on Friday a 28% rise in operating profit for the first quarter and raised its organic sales growth outlook for the full year. ...

STOCKHOLM (Reuters) -Swedish defence equipment maker Saab reported on Friday a 28% rise in first-quarter operating profit and raised its organic sales growth forecast on the back of strong demand amid Sweden's NATO accession. Operating profit at the maker of the Gripen fighter jet was 1.19 billion crowns ($109 million), compared with 928 million a year earlier. "We are doing very well in the market," CEO Micael Johansson told Reuters.

Electrolux, the worlds second-biggest appliances maker, reported on Friday an operating loss below expectations as weak market demand hurt sales volumes. ...

STOCKHOLM (Reuters) - Swedish defence equipment maker Saab reported on Friday a 28% rise in operating profit for the first quarter and raised its organic sales growth outlook for the full year. (Reporting by Johan Ahlander, editing by Anna Ringstrom)

Electrolux, the worlds second-biggest appliances maker, reported on Friday a bigger increase than expected in operating loss for the first quarter as weak market demand hurt sales volumes. ...

Electrolux's operating loss nearly tripled in the first quarter on weak demand and poor performance in North America, but the loss was smaller than expected as raw material costs eased, sending shares up 6%. Electrolux, which prices its products in many regions at the premium end of the market, has seen consumers opt for cheaper alternatives, but said on Friday that is saw consumer confidence indicators to be bottoming out. "The price pressure in North America and high promotional ac...

Swedens Autoliv reported a first-quarter adjusted operating profit above expectations on Friday and said it had outperformed global light vehicle production by six basis points. ...

STOCKHOLM -Swedish banking group Swedbank reported a first-quarter net profit above expectations on Thursday and said the economy had proved surprisingly resilient in the quarter. ...

Sweden's Crown Princess Victoria will start a special officer training later this year to deepen her military training, the Royal Court said on Thursday. The training is part of preparations for her future role as head of state, the court said in a statement. "The Crown Princess will during autumn 2024 begin special officer training to acquire a deeper understanding of tactics, military science and military strategy," it said, adding that the training includes both theory and pr...