Europe Refms as arms manufacturer Saab post record sales
Stockholm: Swedish Defense Group SAAB On Friday, quarterly earnings and increasing reported Record sale Beef among its defense capabilities as European countries Georgonal stress And uncertainty.
However, the company mentioned that US President Donald Trump’s tariff scheme, including the tariff scheme, also offer challenges and makes it difficult to predict the future “.
Creates saab Gripon Jet FighterAmong other things, compete with arms systems and submarines.
European countries have increased their military budget since Russia’s invasion of 2022 Ukraine.
Trump is also putting pressure NATO To double their defense spending up to five percent of GDP, warning that he may refuse to help protect countries that do not spend sufficient on their own defense.
Saab increased his net profit up to 53 percent in the first quarter in the first quarter a year ago, 1.2 billion chronor ($ 124 million), while the operational profit increased by 22 percent to 1.5 billion chronner, its strongest first quarterly operational advantage.
“Rapid changes in global geopolitical climate continued to outline the immediate requirement for a strong European defense industry, which has increased collective capacity and capabilities,” Saab’s Chief Executive Officer Mikel Johansson Said in the earnings report.
He said, “A capable European industrial-defense focus on a newly focus on the basis of a new market has created reality that we are adopting and responding, even though political decisions will take time for infection in defense acquisition from political decisions,” he said.
Saab reported a record sale of 15.8 billion kroner, increased by 11 percent from a year ago, and said it is expected to increase biological sales between 12–16 percent to 2025.
Its order intake climbed from 18.5 billion chronor to 19.1 billion chronor a year ago, operating with small and medium -sized orders, but also included two major orders from Latvia and Germany.
