Truck maker AB Volvo reports adjusted operating profit of SEK 14.7 billion for the third quarter. “It has been a strong quarter for the Volvo Group,” CEO Martin Lundstedt tells TT.
CarsTruck giant AB Volvo is investing in a battery storage facility in Mariestad.
BusinessTruck 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.
BusinessThe business situation is stable, but cost inflation is gradually rising, according to truck manufacturer AB Volvo. The company's shares initially rose slightly after the announcement, but by 1:30 p.m. had fallen 4 percent.
BusinessThe chairman of the Confederation of Swedish Enterprise, Jacob Wallenberg, urges Swedish entrepreneurs to appear more often in the media. It is important that they make their voices heard and not just sit around clenching their fists, he tells TT.
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.
CarsAfter a positive start, the Stockholm stock exchange reversed course and the broad OMXS index closed down 0.4 percent. Truck giant Volvo rose after its annual report.
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