Volvo Q2 profit beats expectations

Newswire

STOCKHOLM, July 23 (Reuters) - The world's second-biggest truck maker AB Volvo reported expectations-beating second quarter earnings on Wednesday and said it saw total North American sales of 170,000 units this year. Volvo reported a pre-tax profit of 2.04 billion crowns ($249.5 million) compared with a mean forecast of 1.76 billion crowns in a Reuters poll and 1.31 billion in the same period last year. Sales were 44.6 billion crowns compared with an expected 47 billion. The company ...

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