Volvo Group - Report on first nine months 2010
CEO's comments - continued improvement in profitability
In the third quarter of 2010, the Volvo Group’s sales increased by 32% to SEK 64 billion. Meanwhile, profitability continued to improve. Operating income rose to SEK 4.9 billion and the Group reached an operating margin of 7.7%. The operating income as well as the operating margin is the highest to date for a third quarter.
- Leif Johansson, President and CEO -
Conference call for investors and analysts