Comments by the CEO- succesful inventory reduction and strong cash flow
In the fourth quarter, the Volvo Group continued to have substantial costs in connection with its effort to adjust the cost structure to a considerably lower level of demand in the wake of the financial crisis. The main focus during the quarter was on cash flow and the Group created a positive cash flow of SEK 8.6 billion, which is one of the best cash inflows ever for a single quarter.
- Leif Johansson, President and CEO
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Press conference CET 10.00 AM
A press conference was held at Polstjärnan, Sveavägen 77 in Stockholm. The Volvo Group was represented by CEO Leif Johansson.
Webcast
Presentation material
Telephone number:
SE:+ 46 (0) 8 506 269 30
Replay number:
SE: + 46 (0) 8 506 269 49, pin code 239098# (the replay will be available for five working days)