Saab Pop Pop Pop, NATO Defense SPRULLIGE ARMID 12% in profit

Shares of the Swedish Defense Giant Saab On Friday morning, the company has increased stronger gains and sales growth than expected for the second quarter.

Shares last increased by 12.16% at 3:53

SAAB operating revenue for the second quarter was 1.98 billion dollars in Swedish Cono ($ 200 million), 49% annual jumping and analysts made by LSEC.

Quarterly sales increased by 30% more than expected.

According to LSEG, SAAB shares have increased by 131% since 131%.

Stock is one of many In the European Defense Location, which is useful Extensive regional access to increase security budgets.

European Commission on Wednesday presented an offer For a budget of 2 trillion euros, which is a significant bulge in the field of financing for defense. As part of the officials labeled Europe’s Europe’s “reconstruction”, the bloc saw the planning Mobilize up to 800 billion euros ($ 928 billion) to help member states to take national security.

Members of the time NATO Military Union Recently, it is agreed to increase defense costs and increases 5% to 5% of the total domestic product.

Speaking to CNBC’s Squawk Box Europe, Saab CEO Micael Johansson said that the activity in the European defense market is “really high”, but Saab is a great portfolio that supports the market in the market. “

“What you see in this quarter is, we are sharply,” he said. “We already have a number of campaigns, there is a great interest and has been a little ramp recently.”

When it comes to spending regional defense – then triggered US President has pushed Donald Trump To have more to have its security for Europe, Johansson said he had to take an opportunity to strengthen the European defense sector.

“The US leadership should be able to step in Europe and is a great responsibility for our security,” CNBC said.

“Thus, many countries increase their defense industry.