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.
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