Volvo Group First Quarter Profit Lags Forecasts
The Swedish truckmaker reported a larger than expected drop in operating profit on Thursday. Despite the decline, Volvo raised its outlook for truck sales.
Xurve View
Xurve View
Volvo Group reported a first-quarter operating profit on Thursday that fell short of market expectations, as the Swedish truck manufacturing giant navigates a cooling global market. Despite the earnings miss, the company provided a glimmer of optimism for the industry by raising its full-year outlook for truck registrations in Europe.
