Volvo has delivered superb revenue and profit numbers. Consolidated revenue increased by a good 12% to SEK77bn in the last quarter which brought the 9M number to SEK243bn, an increase of almost 11%. The respective EBIT numbers were +60% to SEK7.42bn and +67% to SEK23.0bn. We had expected 9M numbers of SEK240bn (sales) and SEK20.6bn (EBIT).
20 Oct 2017
9M 17 numbers ahead of our expectations
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9M 17 numbers ahead of our expectations
Volvo AB Class B (VOLVB:PRA) | 0 0 1.2% | Mkt Cap: 328,497m
- Published:
20 Oct 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
Volvo has delivered superb revenue and profit numbers. Consolidated revenue increased by a good 12% to SEK77bn in the last quarter which brought the 9M number to SEK243bn, an increase of almost 11%. The respective EBIT numbers were +60% to SEK7.42bn and +67% to SEK23.0bn. We had expected 9M numbers of SEK240bn (sales) and SEK20.6bn (EBIT).