Volvo Q3 profit tops consensus, keeps market fcast

STOCKHOLM, Oct 22 (BestGrowthStock) – World number two truck maker
Volvo (VOLVb.ST: ) posted a bigger-than-expected swing into profit
in the third quarter on Friday and maintained its forecast of
double-digit market growth on both sides of the Atlantic.

Sweden’s Volvo reported an operating profit of 4.9 billion
crowns ($735.9 million) compared to a year-ago loss of 3.3
billion crowns to come in above a mean forecast for a profit of
4.3 billion seen in a Reuters poll of analysts.

Volvo Q3 profit tops consensus, keeps market fcast