View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
July 20, 2017updated 09 Apr 2021 12:42pm

Volvo group Q2 2017 sales rise

Truck, bus and construction equipment maker Volvo Group said it had increased both sales and profitability during the second quarter of 2017.

Truck, bus and construction equipment maker Volvo Group said it had increased both sales and profitability during the second quarter of 2017.

Sales rose 12% year on year to SEK88.4bn (US$10.63bn) while operating income was up 6.1% to SEK8.5bn and operating margin 9.7% from 7.8%.

All business segments improved operating income.

During the quarter, Volvo launched its new VNL long-haul tractor in North America.

Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Auto