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PROFITS - SWEDEN - VOLVO 4Q profits driven by trucks
LONDON,UK - newratings - February 10, 2005: -– Swedish truck manufacturer Volvo AB said that increasing demand from buyers in Europe and North America had enabled it to return to profits in the fourth quarter... The truck manufacturer’s revenue for the three-month period increased by 17% from the year-ago period. The company’s board recommended a dividend of 12.50 kronor for the full year 2004 as compared to 8 kronor paid in 2003. Volvo’s 2004 truck deliveries increased by 48% in North America and 12% in Europe...
posted by Unknown @ 12:43 PM
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