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The defence company is riding the biggest demand boom since the end of the Cold War

Defence group Saab reiterates financial targets

Swedish defence material maker Saab reiterated today its 2023-2027 targets for organic sales growth of around 18% with operating income growth higher than organic sales growth.

Business • 27 May

Saab makes military hardware such as missiles, advanced electronics, submarines and the Gripen fighter jet

Saab sees sales growth at upper end of forecast

Swedish defence material maker Saab has today reported a slightly bigger than expected rise in third quarter operating earnings and affirmed its outlook for surging sales and profits this year as countries scramble to re-arm.

Business • 22 Oct 24

Saab has seen a surge in orders in the last two years as many countries scramble to bolster defences amid rising global tension

Saab raises sales growth target as Q4 profit rises

Swedish defence equipment-maker Saab has today reported an 8% rise in fourth-quarter operating profit, and lifted growth targets based on increased military spending, driving shares to an all-time high.

Business • 09 Feb 24

76% of Swiss voters dismissed the proposal for a minimum wage of 22 Swiss francs an hour

Swiss voters reject world's highest minimum wage

Swiss voters have rejected proposals to introduce the world's highest minimum wage.

Business • 19 May 14

Brazil to buy 36 Gripen fighter jets for around $4.5 billion from Saab

Saab shares soar on Brazil fighter order

Shares in Saab rose by a quarter today after Brazil said it would buy 36 Gripen fighter jets for around $4.5 billion.

Business • 19 Dec 13

Saab acquired by Hong Kong-owned company

A Hong Kong-owned company says it has acquired bankrupt car maker Saab and will make electric cars under the Swedish brand.

Business • 03 Sep 12

Spyker to sue GM over failed Saab takeover

Spyker Cars, the tiny Dutch company that bought Swedish carmaker Saab from General Motors, has said it is suing GM for $3 billion in damages.

Business • 06 Aug 12

Bankrupt car maker Saab sold for undisclosed sum

Bankrupt Swedish car maker Saab has been sold to National Electric Vehicle Sweden AB (NEVS).

Business • 13 Jun 12

Saab