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5 Articles
Amper announced on 30 June an increase in transformative capital, both for the amount (77.1 million euros, 35.28% of the capital) and for the use of the funds, which will be destined to carry out inorganic operations in the Defense sector. It is expected that this division will become the one that contributes the most to the results of the group in the coming years. The drastic geopolitical change of recent years has led the government to announ…
In view of the massive increase in NATO defence spending, the Swedish armaments company Saab expects strong growth. However, the transition from defence planning and political direction to procurement takes time.
Armament era: Saab shares jump after better profits and sales
Swedish arms manufacturer Saab has posted a significant increase in profits and sales, causing a real euphoria among investors. Namely, in the second quarter of this year, the company's operating profit amounted to 1.98 billion Swedish crowns (about 200 million US dollars). This represents a growth of as much as 49 percent compared to the same period last year. These results exceeded the expectations of analysts, who counted on a profit of 1.71 …
Defense group Saab reports an operating profit of SEK 1.9 billion for the second quarter.
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