Saab Q1 operating profit beats forecast


STOCKHOLM, April 23 (Reuters) - Swedish defence company Saab SAABb.ST posted first-quarter operating earnings above market expectations on Friday and reiterated its outlook for 2021.

Saab's operating profit rose to 597 million Swedish crowns ($70.89 million) from 560 million a year ago, compared to a mean forecast based on three analyst estimates of 430 million, according to Refinitiv data.

($1 = 8.4213 Swedish crowns)

(Reporting by Helena Soderpalm; editing by Niklas Pollard)

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