UPDATE 1-Volvo Q1 pretax tops forecast, ups Europe outlook

Newswire

(Adds detail, background) STOCKHOLM, April 25 (Reuters) - World number two truck maker Volvo AB posted first-quarter pretax earnings above market expectations on Friday and raised its market forecast for Europe, saying order intake there was "surprisingly strong". Volvo reported a pretax profit of 6.14 billion Swedish crowns ($1 billion) versus a year-earlier 5.41 billion and a mean forecast of 5.71 billion in a Reuters poll of 17 analysts. Demand in Volvo's main markets over the past ...

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