UPDATE 1-Volvo profit beats forecasts, sees stable market

Newswire

(Adds share price, CEO, background) STOCKHOLM, July 23 (Reuters) - The world's second-biggest truck maker, AB Volvo , reported second-quarter earnings above expectations on Wednesday, boosted by new products, and said it saw flat North American sales in 2003. Volvo reported pre-tax profit of 2.04 billion crowns ($249.5 million) compared with a mean forecast of 1.76 billion in a Reuters poll and 1.31 billion in the same period last year. Sales were 44.6 billion crowns compared with an ...

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