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Volvo says price rises help returns as truck demand softens

Volvo AB’s second-quarter earnings surpassed expectations

Bloomberg News

Volvo AB’s second-quarter earnings surpassed expectations and reassured after pessimistic updates from rivals as the truckmaker managed to defend its margins even as as key markets slowed.. Adjusted operating profit dropped to 19.4 billion kronor ($1.68 billion) in the period, ahead of analyst projections of 18.5 billion kronor, Volvo said Thursday.. Operating return on sales […]

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