Saab raises medium-term sales growth target to 22%
Published by Global Banking & Finance Review®
Posted on February 5, 2026
1 min readLast updated: February 5, 2026
Published by Global Banking & Finance Review®
Posted on February 5, 2026
1 min readLast updated: February 5, 2026
Saab increased its sales growth target to 22% after a 67% rise in operating profit, surpassing analyst expectations.
STOCKHOLM, Feb 5 (Reuters) - Saab reported an operating profit above expectations and raised its medium-term organic sales growth target to around 22%, from 18%, as it presented fourth-quarter earnings on Thursday.
Operating profit at the Gripen fighter jet maker was up 67% from a year earlier to 3.26 billion Swedish crowns ($362 million) against a mean forecast of 2.75 billion in an LSEG poll of analysts, on organic sales growth of 34.5%.
($1 = 9.0051 Swedish crowns)
(Reporting by Johan Ahlander; Editing by Himani Sarkar and Terje Solsvik)
Operating profit is the profit a company makes from its normal business operations, excluding any income derived from non-operational activities. It reflects the efficiency of a company's core business activities.
Sales growth refers to the increase in a company's sales over a specific period, typically expressed as a percentage. It indicates how well a company is performing in terms of revenue generation.
Organic sales growth measures the increase in sales generated by a company from its existing operations, excluding any revenue from acquisitions or mergers. It reflects the company's ability to grow its business naturally.
A sales growth target is a specific goal set by a company to achieve a certain percentage increase in sales over a defined period. It serves as a benchmark for measuring performance.
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