Volvo Q1 pretax outpaces consensus

Newswire

STOCKHOLM, April 25 (Reuters) - World number-two truck maker Volvo reported first-quarter pretax profit above expectations on Monday and said it saw its key truck markets growing this year. Volvo posted pretax earnings of 4.6 billion Swedish crowns ($655.7 million) versus analysts' expectations of 3.7 billion in a Reuters poll of 13 analysts and a year-ago 3.0 billion. First-quarter sales rose to 52.3 billion crowns from 45.8 billion in the corresponding quarter last year to come in ...

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