Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Saab reports Q4 net profit increase to 1.22B kronor, sales up 16% to 16.12B kronor, due to global defense spending surge.
Saab, a Swedish defense company, has reported higher-than-expected fourth-quarter earnings, with net profit increasing to 1.22 billion kronor ($116.5 million) from 1.12 billion kronor a year earlier.
Sales also rose by 16% to 16.12 billion kronor.
The company's order bookings increased by 5.5% to 31.5 billion kronor, and its order backlog reached 153.41 billion kronor.
The rise in earnings and sales is attributed to the ongoing surge in global defense spending.
5 Articles
Saab informa un aumento de ganancias netas en el cuarto trimestre a 1,22 mil millones de coronas, y las ventas aumentaron un 16% a 16,12 mil millones de coronas, debido al aumento del gasto en defensa global.