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Saab Group reports better than expected results

Friday, 15 February 2013
Swedish defence and security company, Saab reported a full years operating income, for the period January to December 2012, Skr2,032 million. His compares with Skr2,941 million a year ago, corresponding to an operating margin of 8.5 per cent (12.5).

The company's operating profit stood at Skr 650 million for the fourth quarter of 2012 against Skr 659 million. Analysts had expected an operating profit of Skr 641 million, according to consensuses.

Sales amounted to Skr7.306 million for the period against Skr7347 million in the past same period. Analysts consensus forecast was of Skr7.187 billion.

The Board proposed a dividend of Skr 4.50 per share for the year against Skr4.50 last year. Analysts were expecting a dividend of Skr 4.95 on average though.
By Scancomark.com Team


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