Truck Group Volvos operating income , excluding restructuring costs and other one-time items, was 3.021 billion kronor for the fourth quarter of 2014.
Analysts had expected a adjusted operating profit of 3.697 billion kronor, according to SME Direkt compilation for the report.
The adjusted operating margin was 3.9 percent for the quarter. Expected, a margin of 4.9 percent.
Sales amounted to 77.5 billion for the period. Here lay the SME Direkt consensus forecast of 75.7 billion.
A dividend of SEK 3.00 per share (3.00), compared with the expected 2.85 crowns.
Strong order
Truck Group Volvo’s net orders for trucks, excluding joint ventures, amounted in the fourth quarter to 61,222 units (52,683).
According to the interim report.
According to SME Direkt compilation, analysts had forecast an order intake of 56,971 trucks during the quarter.
Net Orders in Europe increased by 49 percent and in North America, net order intake 48 percent during the quarter.
In South America, order bookings contrast, the bottom 53 per cent and Asia, order bookings fell 12 percent.
Volvo delivered a total of 56,119 trucks during the fourth quarter (61,613). Here lay analysts’ expectations of 56 148 vehicles, according to SME Direkt.
The above figures refer to the Volvo Group.
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