Saab’s new orders more than tripled in the third quarter, reaching SEK 65.8 billion from SEK 20.9 billion a year earlier. The figure exceeded the SEK 56.4 billion consensus estimate, helped by a SEK 24.6 billion contract for 16 Gripen E fighter jets for Ukraine. Quarterly sales reached SEK 20.6 billion, while earnings before interest and taxes came in at SEK 1.95 billion. Saab also booked a SEK 10.1 billion order for its GlobalEye military surveillance aircraft and SEK 8.7 billion for systems for German frigates, despite a recent decline in its share price amid concerns about the sector’s delivery capacity.
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