CEO #hakansamuelsson:
“The sales growth in the first quarter proves the appeal of Volvo Cars’ product portfolio. We grew in all three regions and revenue continued to rise faster than volumes. Compared with last year, profitability was affected by higher tariffs and increased price pressure in many markets.”
Highlights from the financial report include the following:
Outlook for 2019:
The full financial report can be found on the Volvo Cars Investor Relations website.
The information was submitted for publication, through the agency of the contact person set out above, at 06:00 CET on 25 April 2019.
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