UPDATE 2-Volvo Q2 profits in line, cautiously upbeat

Newswire

(Adds CEO quotes, analyst views, updates share) By Peter Starck STOCKHOLM, July 23 (Reuters) - Volvo on Tuesday reported a return to profit in the second quarter, as expected, and Chief Executive Leif Johansson sounded cautiously upbeat, helping the Swedish truckmaker's shares outperform the local market. The world's second-biggest maker of heavy trucks, said April-June pre-tax profit fell to 1.31 billion crowns ($327.5 million), slightly below the mean forecast of 1.39 billion in a ...

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