Volvo raises outlook for North America after solid Q2
Order intake up 22%, beating the 12% rise forecast by analysts
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Stockholm
SWEDISH truck maker Volvo raised its forecast for the North American market on Wednesday, after a solid second quarter in which order intake picked up across the group.
Adjusted operating profit rose to 8.54 billion Swedish kronor (S$1.4 billion) from 6.13 billion, and edged the 8.48 billion forecast by analysts.
Share with us your feedback on BT's products and services
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant