Saab defence group more than doubles profit


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Tuesday, 19 July 2011
Aerospace & defense company Saab reports a profit before tax of Skr548 million for the second quarter, compared with profit of Skr211 million corresponding periods of 2010.


Analysts had on average expected a profit of Skr604 million, according to Reuters consensus.
Sales fell to Skr5.861 million from Skr5.993 million, and order intake rose to Skr5.431 million from Skr5.038 million a year earlier.
By Team

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