UPDATE 1-Volvo Q3 profit soars, ups Europe sales forecast

Newswire

(Adds detail, CEO quote) By Patrick McLoughlin STOCKHOLM, Oct 23 (Reuters) - The world's number two truck maker, AB Volvo , beat expectations for third-quarter earnings on Thursday and raised its forecast for total sales of heavy trucks in Western Europe this year. Pre-tax profit was 1.3 billion Swedish crowns ($169.5 million) compared with a forecast of 940 million crowns in a Reuters poll of analysts, and 584 million crowns in the same period last year. The company said that ...

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