Reported 1 day ago
Swedish defence manufacturer Saab has reaffirmed its financial targets for 2023-2027, aiming for organic sales growth of approximately 18% and operating income growth surpassing sales growth. The company is experiencing a surge in demand due to increased military spending in Europe following Russia's invasion of Ukraine. Saab, which offers various military products, is focusing on scaling operations and expanding market opportunities while adapting to new geopolitical challenges as it integrates with NATO.
Source: YAHOO