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Volvo raises outlook for North America after solid Q2

Order intake up 22%, beating the 12% rise forecast by analysts

Published Wed, Jul 19, 2017 · 09:50 PM
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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.

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