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Companies >
Czech Republic >
Industrials - Specialty & Parts >
Volvo AB Class B >
Research >
SEK800m one-off gain has been realised

  • 10 Nov 2015

SEK800m one-off gain has been realised


Volvo AB Class B (VOLVB:PRA) | 0 0 1.2% | Mkt Cap: 328,497m


  • AlphaValue
    • Hans-Peter Wodniok

    • 2 pages

Industrials - Specialty & Parts image


 
Industrials - Specialty & Parts image


An Arbitration Tribunal has granted Volvo a compensation payment of some SEK800m from a supplier. Many years ago, this supplier delivered defective components and Volvo had asked for compensation which was rejected. The Tribunal has now decided that Volvo was right and this decision seems to be final. It raises our current 2015 pre-tax profit forecast by some 4%.

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SEK800m one-off gain has been realised


Volvo AB Class B (VOLVB:PRA) | 0 0 1.2% | Mkt Cap: 328,497m


  • Published: 10 Nov 2015
  • Author: Hans-Peter Wodniok
  • Pages: 2
  • AlphaValue


An Arbitration Tribunal has granted Volvo a compensation payment of some SEK800m from a supplier. Many years ago, this supplier delivered defective components and Volvo had asked for compensation which was rejected. The Tribunal has now decided that Volvo was right and this decision seems to be final. It raises our current 2015 pre-tax profit forecast by some 4%.

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