Interim Report Saab AB January-March 1999
INTERIM REPORT January - March 1999 Sales increased 10 % to SEK 1,995 m. (1,817). Export development efforts concerning Gripen has been intensified and has resulted in a higher R&D expenditure in accordance with plan. Net income amounted to SEK 150 m. (245) and earnings per share to SEK 1.41 (2.30). The lower income is mainly the result of lower capital gains and lower income of a non-recurring nature compared to the exceptionally good first quarter last year. The outlook for the full year remains encouraging. The acquisition of the aircraft maintenance company Nyge Aero will strengthen Saab's maintenance and modification operations. Investment in systems for safer air and sea navigation through the acquisition of GP&C Sweden. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/04/27/19990427BIT00620/bit0001.pdf The full Report http://www.bit.se/bitonline/1999/04/27/19990427BIT00620/bit0002.doc The full Report