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Tag: fourth-quarter profit

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Volvo’s fourth-quarter profits boost 2011 forecast
Volvo AB reported a fourth-quarter profit that boosted its 2011 truck-delivery forecast by 10 percent. Their fourth-quarter net income was about $500 million, compared with a loss of $308 million a year earlier. Volvo’s revenue rose 23 percent to $11.3 billion, and they delivered almost 57,000 trucks in the quarter – 49 percent more than […]
February 8, 2011
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