UPDATE 3-Volvo sees better markets as profits beat consensus


(Adds share reax, detail) By Patrick McLoughlin STOCKHOLM, April 23 (Reuters) - Global number two truck maker Volvo almost quadrupled first-quarter profits, powered by revitalised core markets, and on Friday reaffirmed forecasts for stronger demand, sending its stock surging. Pre-tax profit at 2.88 billion crowns ($373.9 million) roared past expectations of 2.02 billion, and the 757 million crowns for January-March 2003. Volvo shares responded with hefty gains, opening 4.6 percent ...

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