Volvo Q2 above consensus, ups North America outlook

Newswire

STOCKHOLM, July 25 (Reuters) - World number two truck maker Volvo posted second-quarter pretax profit slightly ahead of market expectations on Monday and said it had raised its outlook for the truck market in North America this year. Quarterly pretax earnings rose to 5.25 billion Swedish crowns ($675.7 million) versus the 5.23 billion seen in a Reuters poll and 3.91 billion in the year-ago quarter. The Swedish firm said in a statement that demand for heavy trucks was increasing in North ...

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