Volvo Q2 Revenue Better Than Expected; Adj. EBIT in Line

Dienstag, 20.07.2021 07:30 von PLX

• (PLX AI) – Volvo Q2 revenue SEK 90,600 million vs. estimate SEK 88,400 million
• • Q2 adjusted EBIT SEK 9,700 million vs. estimate SEK 9,711 million
• • Q2 EPS SEK 4.38 vs. estimate SEK 4.21
• • Q2 EBIT SEK 11,384 million vs. estimate SEK 11,685 million
• • Volvo Truck Market Forecasts in Europe, N. America Unchanged
• • Volvo Truck Market Forecasts in China raised by 70,000 for heavy duty, by 20,000 for medium-duty
• • China volumes declined in May and June as demand started to slow down