Volvo Cars reports third quarter 2019 operating profit of SEK 3,492 million
CEO Håkan Samuelsson:
“During the third quarter, Volvo Cars continued to grow faster than the industry in Europe, China and the US. The growth in unit sales, revenue and profit was driven by a strong demand for our SUV range as well as cost efficiency. Our focus on sustainable production, and the ambition to reduce total lifecycle carbon footprint of our cars by 40 per cent by 2025, will ensure a long-term sustainable business, which is core to Volvo Cars, our consumers and the environment.”
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 or here.
The information was submitted for publication, through the agency of the contact person set out above, at 09.00 CET on 24 October 2019.
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