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Saab H1 sales increased 11 percent

Staff Writer |
Defence and security company Saab posted the results for January-June 2017.

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Saab sales increased by 11 percent compared to the same period in 2016. All business areas saw higher sales.

Operating income amounted to MSEK 885 (611) with an operating margin of 5.8 percent (4.4).

The improved operating margin is mainly attributable to stronger income in the business area Dynamics and a higher activity level related to airborne surveillance systems.

Operational cash flow amounted to MSEK -443 (4,193), which is in line with our expectations, since we had a strong positive cash flow in previous periods due to large advances and milestone payments that have not been repeated now.

Earnings per share after dilution amounted to SEK 5.98 (3.71).

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