logo
Share SHARE
FONT-SIZE Plus   Neg

Saab Q1 Net Profit Down 4% - Quick Facts

Saab AB (SAABF.PK) posted 4% lower first-quarter net income of SEK 265 million compared with year-ago quarter's SEK 277 million, while earnings per share after dilution remained flat at SEK 2.56.

Sales increased 2% to SEK 5.57 billion from SEK 5.45 billion in the comparable period last year, reflecting a positive impact from acquisitions of 4 percent.

The company's outlook for 2012 remains unchanged, estimating sales to increase slightly compared with 2011, and operating margin before material net capital gains to be in line with 2011 operating margin, excluding material net capital gains, of 7.5 percent.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Delta Air Lines Inc. (DAL) pilots, represented by the Air Line Pilots Association International, are picketing on Friday at several airports across the country. The pilots said the picketing was to raise the sense of urgency in ongoing contract negotiations. The negotiations between the pilots... Charter Communications, and its recently acquired subsidiary Time Warner Cable, have been regularly overcharging its consumers to a tune of $7.2 million per year, according to a report from the U.S. Senate's Permanent Subcommittee on Investigations. According to the report, Time Warner Cable over-billed... Popular photo sharing network Instagram is adding a new translation button on its pages, so that the global crowd can read and enjoy the captions and comments given for the photographs uploaded. The new update will be available from next month onward.
comments powered by Disqus
Follow RTT