Friday, July 17, 2015

Increased profits for AB Volvo – Swedish Radio

There was a slightly higher profit than expected for the vehicle manufacturer Volvo. The multiannual savings program will be completed during the year

Today reports to a profit before tax of 6, 3 billion for the second quarter – compared with 3.3 billion the same period the year before.

Analysts had on average expected a profit of 6.2 billion, according to Reuters.

Turnover amounted to nearly 85 billion (84.783 billion dollars), compared to 72, 6 billion a year earlier.

“Our picture of the market for trucks is largely unchanged. We see a gradual recovery in Europe and unchanged demand in Asia, with the exception of the reduced demand in the China, “writes Jan Gurander, acting president of the quarterly report.

LikeTweet

No comments:

Post a Comment