Truck manufacturer AB Volvo reports strong order intake in the second quarter and a profit that exceeds analysts' expectations. Calm and robust going forward, summarizes CEO Martin Lundstedt.
BusinessVolumes and results are pointing downward in the first quarter for truck manufacturer AB Volvo. But order intake is clearly picking up and the forecast for Europe is being raised. It's a statement of strength in this part of the economy amid this uncertainty, CEO Martin Lundstedt tells TT.
BusinessTruckmaker AB Volvo is seeing bright spots in several major regions. Fourth-quarter profit was higher than expected. However, the company is still lowering its dividend compared with last year's record-high dividend.
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