Almost all of the group’s revenue and profit numbers fell slightly short of what we had expected. Consolidated revenue was up by a good 10% to SEK312.5bn (our forecast was SEK316.3bn). At a glance, EBIT more than doubled to SEK25.7bn (we had SEK18.1bn), but management’s number included disposal gains of more than SEK4.6bn and other operating expenses fell by SEK3.5bn. The 2014 number was burdened with SEK3.8bn provisions for the EU antitrust case. In addition, Volvo gained SEK0.8b

05 Feb 2016
2015 numbers fell slightly short of our projections

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2015 numbers fell slightly short of our projections
Volvo AB Class B (VOLVB:PRA) | 0 0 1.2% | Mkt Cap: 328,497m
- Published:
05 Feb 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2 -
Almost all of the group’s revenue and profit numbers fell slightly short of what we had expected. Consolidated revenue was up by a good 10% to SEK312.5bn (our forecast was SEK316.3bn). At a glance, EBIT more than doubled to SEK25.7bn (we had SEK18.1bn), but management’s number included disposal gains of more than SEK4.6bn and other operating expenses fell by SEK3.5bn. The 2014 number was burdened with SEK3.8bn provisions for the EU antitrust case. In addition, Volvo gained SEK0.8b