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Tag: Volvo 3Q
Business
Volvo CE earnings jump 31% during 3Q despite flat sales
Continued weak demand for construction equipment in China has negated sales gains in other parts of the world for the second-straight quarter at Volvo Construction Equipment. Despite the difficulties in Asia, the company’s positive earnings report for the third quarter Friday included a 31-percent gain in operating income to $89 million (SEK 648 million) over […]
October 24, 2014
Business
Volvo CE maintains outlook as 3Q operating income falls 17%
Citing weak demand and “no clear sign of a global recovery in the sector in sight,” Volvo Construction Equipment saw decreases in third quarter sales and operating income. Net sales for the company dropped 7 percent to 12.278 billion SEK ($1.9 billion). Volvo CE says sales were mainly affected by “lower activities in the global […]
October 25, 2013
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