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Swedes continue rapid growth: Orders surge 130 percent

Swedish military IT supplier lifts sales and profit margins, with quarterly orders exceeding the entire first-half total
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MilDef’s rapid expansion continued in the third quarter, with European defence contracts fuelling a surge in orders and higher sales lifting profitability.

According to its quarterly report published today, order intake rose 130 percent to SEK 2.1bn, exceeding the total for the first six months of the year.

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