Third quarter 2018
“In the third quarter of 2018, demand was robust, with both our vehicle and service business continuing to grow at a good pace. We increased net sales to SEK 92.3 billion, with a currency-adjusted growth of 13%, and improved the adjusted operating income by SEK 3.3 billion to SEK 10.2 billion and the adjusted operating margin to 11.1% (9.1). Although this is the best third quarter ever for the Group, it does not mean that we have reached our full potential. There is more to do to improve profitability and drive cash flow,” says Martin Lundstedt, President and CEO.
Press and Analysts Conference 9.00 a.m. CEST
A press conference was held at Tändstickspalatset, Västra Trädgårdsgatan 15 in Stockholm at 9.00 a.m. CEST. The Volvo Group was represented by President and CEO Martin Lundstedt and Deputy CEO and CFO Jan Gurander.
The conference was also webcasted. Access the webcast.
SE: +46 85 664 26 38
Conference Reference: 699290#