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Scania MAN merger on hold
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Scania MAN merger on hold

Swedish truckmaker Scania reported booming profits in its 2010 report published on Wednesday, advising that the proposed merger with Germany's MAN is on hold.
Lundin Petroleum trumps profit forecasts
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Lundin Petroleum trumps profit forecasts

Swedish oil and gas firm Lundin Petroleum has reported a profit before tax of $105.4 million for the third quarter, up from $13.5 million in the corresponding period of 2009 and over analyst expectations.
ABB posts drop in profits
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ABB posts drop in profits

Swiss-Swedish engineering firm ABB on Thursday reported a drop of 25 percent in third quarter net profit while orders grew strongly, thanks in part to a increased demand for renewable energy.
Swedbank leaps on strong interim report
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Swedbank leaps on strong interim report

Sweden's Swedbank stock jumped on Thursday after the firm posted stronger-than-expected third quarter operating profit, lower credit losses and a profit in the Baltics for the first time since late 2008.
Tick-borne disease cases reported in Sweden
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Tick-borne disease cases reported in Sweden

Nine cases of tick-borne encephalitis (TBE) have been reported to the Institute for Infectious Disease Control (Smittskyddinstitutet, SMI) so far this summer, with forecasts for the season dependent on the weather.
Electrolux posts upbeat forecast
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Electrolux posts upbeat forecast

Swedish white goods firm Electrolux on Tuesday exceeded analyst profit forecasts for the first quarter of 2010 and projected a positive year as key markets begin to recover.
SEB slashes bonuses as profits fall
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SEB slashes bonuses as profits fall

Swedish bank SEB has reported an operating profit of 564 million kronor ($77 million) for the fourth quarter 2009, down on the 4.03 billion kronor in the corresponding period of 2008.
Nordea sees profits fall
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Nordea sees profits fall

Nordic banking group Nordea has reported an operating profit of €592 million ($815 million) for the final quarter 2009, down on a profit of €781 million in the corresponding period of last year.
Scania cuts dividend as profits fall
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Scania cuts dividend as profits fall

Swedish bus and truck manufacturer Scania reported a net profit of 1.236 billion kronor ($172 million) for the fourth quarter 2009 down from 1,708 million kronor in the corresponding period of last year.
SAS reports profits hike
SAS

SAS reports profits hike

Scandinavian airline SAS has reported a profit before tax of 114 million kronor ($16.2 million) for the third quarter 2009 up from 110 million kronor in the corresponding period of last year.
SAS slashes workforce to save cash
SAS

SAS slashes workforce to save cash

Scandinavian airline SAS has announced cuts of 1,000 to 1,500 jobs as part of a new austerity programme to shave 2 billion kronor ($274 million) off its outgoings.