Volvo Q2 profit, orders beat forecast as demand picks up

Newswire

STOCKHOLM, July 24 (Reuters) - World number two truck maker Volvo posted a smaller than expected fall in second-quarter earnings and a healthy rise in orders as demand firmed across nearly all its main markets. The company said operating earnings fell to 3.26 billion Swedish crowns ($505 million) from a year-ago 7.71 billion, topping a mean forecast of 2.47 billion seen in a Reuters poll of analysts. Volvo, the dominant global player in the industry ...

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