Sweden: Volvo Group sees return to profitability in Q1

Volvo has announced that its group net revenue increased by 4.3% to SEK 58,617m (US$8.12bn) during Q1 2010, compared to SEK 56,121m in the same quarter a year earlier. The group's operating income amounted to SEK 2,799m in Q1 2010 compared to an operating loss of SEK 4,528m in the Subscribe to Automotive World to … Continued

• By Webmaster
• April 23, 2010