STOCKHOLM (Reuters) – Swedish defence products company Saab reported on Friday growing first-quarter profits and said it would increase capacity to meet further demand.
Operating profit at Saab, maker of the Gripen fighter jet, was 654 million Swedish crowns ($68.8 million) in the quarter, up from 597 million in the year-ago period.
($1 = 9.5029 Swedish crowns)
(Reporting by Helena Soderpalm; Editing by Johan Ahlander)