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Defence gear maker Saab raises sales outlook after Q1 profit jumps

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.
United Kingdom Johan Ahlander Micael Johansson Anna Ringstrom Lockheed Martin Micael Johansson
Source: yahoo.com

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