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Friday, October 18, 2024

Truck maker Volvo’s Q3 adjusted profit falls more than expected By Reuters

STOCKHOLM (Reuters) – Swedish truck maker AB Volvo (OTC:) reported on Friday a bigger drop than expected in third-quarter adjusted operating profit and said demand continued to normalise in most of its

markets.

Truck maker Volvo’s Q3 adjusted profit falls more than expected By Reuters

Adjusted operating profit was 14.1 billion crowns ($1.34 billion against a year-earlier 19.3 billion and a mean forecast in an LSEG poll of analysts of 15.6 billion.

($1 = 10.5328 Swedish crowns)



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