Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Volvo Cars Q4 profit lags forecasts

by Wanda Rich
0 comments
2022 02 11T061251Z 2 LYNXMPEI1A05P RTROPTP 4 TECH CES LUMINAR VOLVO

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)

Recent Post
Copyright © 2010-2024 GBAF Publications Ltd - All Rights Reserved.