Saab Q3 adjusted EBIT falls, repeats 2018 outlook [Reuters]
RAYTHEON CO (RTN)
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Source: Reuters
Saab AB (SAABb.ST) Key Developments | Reuters.com Oct 23 (Reuters) - Saab AB ::SAYS WE ESTIMATE THAT SALES GROWTH IN 2018 WILL BE IN LINE WITH SAAB'S LONG-TERM FINANCIAL GOAL: ANNUAL ORGANIC SALES GROWTH OF 5 PER CENT.Q3 ORDER BOOKINGS SEK 4,519 MILLION (3,701).SAYS OPERATING MARGIN IN 2018, EXCLUDING MATERIAL NON-RECURRING ITEMS, IS EXPECTED TO IMPROVE COMPARED TO 2017.SAAB Q3 OPERATING INCOME SEK -61 MILLION (369).SAYS TO BOLSTER COMPANY IN LONG-TERM FURTHER, A NUMBER OF MEASURES HAVE BEEN IDENTIFIED TO RAISE PRODUCTIVITY.SAYS MEASURES BETTER ENABLE SAAB TO ACHIEVE ITS LONG-TERM FINANCIAL GOALS AND CONTINUE TO INVEST IN RESEARCH AND DEVELOPMENT.SAYS THEY INCLUDE OPERATING EFFICIENCIES AND A PLAN TO ADAPT PRODUCT PORTFOLIO, IMPROVE MARKETING EFFICIENCY AND INCREASE DIGITISATION OF INTERNAL PROCESSES.SAYS DURING Q3, NON-RECURRING COSTS OF MSEK 298 RELATED TO EFFICIENCY MEASURES HAVE BEEN RECOGNISED.SAAB Q3 ADJUSTED OPERATING INCOME SEK 237 MILLION (369). Full Article July 25 (Reute
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