# Volvo Cars Q4 profit lags forecasts
Published: 2022-02-11
Category: Business
Category URL: https://blockchaintribune.com/category/business/
Meta Title: Volvo Cars reports lower quarterly earnings but expects sales growth in 2022
Meta Description: Volvo Cars disappoint with lower than expected quarterly earnings but plan to increase sales volume in 2022. Learn more about the Swedish carmaker's financ
URL: https://blockchaintribune.com/volvo-cars-q4-profit-lags-forecasts/

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STOCKHOLM (Reuters) – Volvo Cars reported on Friday quarterly earnings below expectations, and said it expected to continue growing sales volume in 2022.

The Swedish carmaker’s fourth-quarter operating profit fell to 3.7 billion Swedish crowns ($396.4 million) from 4.9 billion a year ago, compared to a 4.77 billion mean forecast in a Refinitiv poll.

($1 = 9.3353 Swedish crowns)

(Reporting by Helena Soderpalm; Editing by Simon Johnson)


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