Press release - AB Volvo
The Volvo Group will record costs of approximately SEK 600 M in the fourth quarter of 2012 related to the previously announced reorganization of the European sales organization for trucks.
The total cost for the entire reorganization, when announced in the report for the third quarter 2012, was estimated at SEK 900 M. The remaining costs are expected to be incurred in the first half of 2013.
January 15, 2013
Reporters who require further information are requested to contact Kina Wileke,
+46 (0)31-66 12 32 or +46 (0) 739-02 55 44.