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Volvo head comments on 3rd quarter 2018


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Volvo Group Press Release  /  October 19, 2018

“In the third quarter of 2018, demand was robust, with both our vehicle and service business continuing to grow at a good pace. We increased net sales to SEK 92.3 billion, with a currency-adjusted growth of 13%, and improved the adjusted operating income by SEK 3.3 billion to SEK 10.2 billion and the adjusted operating margin to 11.1% (9.1). Although this is the best third quarter ever for the Group, it does not mean that we have reached our full potential. There is more to do to improve profitability and drive cash flow.”

Martin Lundstedt, Volvo Group President and CEO

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