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Volvo says price rises help returns as truck demand softens

Volvo AB’s second-quarter earnings surpassed expectations

Bloomberg NewsbyBloomberg News
July 18, 2024
in Earnings
Reading Time: 2 mins read
0

Volvo AB’s second-quarter earnings surpassed expectations and reassured after pessimistic updates from rivals as the truckmaker managed to defend its margins even as as key markets slowed. . Adjusted operating profit dropped to 19.4 billion kronor ($1.68 billion) in the period, ahead of analyst projections of 18.5 billion kronor, Volvo said Thursday. . Operating return […]

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