Saab posts narrow Q1 profit increase, repeats upbeat guidance

Shares in the company, which competes with giants such as US Lockheed Martin, France's Dassault Aviation and Britain's BAE Systems, have risen nearly 80 per cent since the start of the year, adding to gains in previous years.

But the tariff turmoil triggered by US President Donald Trump has raised uncertainty about supply chains and broader economic activity, a concern also for Saab, though it only generates roughly a tenth of its sales in North America.