India, July 18 -- Saab AB (SAABY,SAABF) on Friday posted a 52 growth in its second quarter profit, helped by strong sales, especially in medium and small-sized orders. The company also lifted its fiscal 2025 organic sales growth outlook.
The Swedish aerospace and defence company posted second quarter net income of 1.54 billion Swedish Kroner or 2.83 Swedish Kroner per share, higher than 1.01 billion Swedish Kroner or 1.85 Swedish Kroner per share in the same period last year.
During the three-month period, pre-tax profit climbed to 1.9 billion Swedish Kroner from 1.31 billion Swedish Kroner in the previous-year quarter.
Sales for the second quarter climbed 30 percent to 19.79 billion Swedish Kroner from 15.17 billion Swedish Kroner recor...