Orders for new trucks fell sharply in the last quarter and a slight fall was also experienced in Construction Equipment. Although truck deliveries fell as well, the divisional operating margin was slightly up. However, Construction Equipment has started to experience a slight profit margin fall.
18 Oct 2019
Q3 19 was not as smooth as expected
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Q3 19 was not as smooth as expected
Volvo AB Class B (VOLVB:PRA) | 0 0 1.2% | Mkt Cap: 328,497m
- Published:
18 Oct 2019 -
Author:
Hans-Peter Wodniok -
Pages:
3
Orders for new trucks fell sharply in the last quarter and a slight fall was also experienced in Construction Equipment. Although truck deliveries fell as well, the divisional operating margin was slightly up. However, Construction Equipment has started to experience a slight profit margin fall.