Volvo released the expected superb 2017 numbers and management’s optimistic view for 2018 is also reflected in the dividend which is raised by SEK1 to SEK4.25 whereas we had expected SEK3.75. This higher dividend proposal was also supported by much improved cash generation.
31 Jan 2018
Q4 17 dollar weakness took its toll, but not on profits
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Q4 17 dollar weakness took its toll, but not on profits
Volvo AB Class B (VOLVB:PRA) | 0 0 1.2% | Mkt Cap: 328,497m
- Published:
31 Jan 2018 -
Author:
Hans-Peter Wodniok -
Pages:
2
Volvo released the expected superb 2017 numbers and management’s optimistic view for 2018 is also reflected in the dividend which is raised by SEK1 to SEK4.25 whereas we had expected SEK3.75. This higher dividend proposal was also supported by much improved cash generation.