VOLVO: BEST US quarter since 1988, STOCK SHOULD RISE – UBS
2015-01-07 08:59
STOCKHOLM (AFX) Order intake in the market for heavy trucks in December in the US seems to have been well above expectations, and should do the fourth quarter of 2014 to the best quarter since 1988.
It notes UBS in a comment on Wednesday morning, after preliminary statistics from research firm ACT Research. The bank traces in the light of the statistics that the Volvo share will rise by 1 percent on Wednesday.
In December, orders amounted to 43,900 trucks according to ACT. UBS guessed that between 25,000 and 30,000 heavy trucks would have ordered.
Martin Lindgren +46 8 5191 7920
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