Today’s news / Investors soar Volvo stock after financial report
Volvo's stock rises sharply on Thursday after the company has released its quarterly report. (Archive photo). Photo: Ronaldo Schemidt/Ritzau Scanpix

Investors soar Volvo stock after financial report

Volvo Cars increased its profit despite a revenue decline in the third quarter, according to its quarterly report. Revenue was down by seven percent compared to the same quarter last year, totaling 160.5 billion Swedish kronor. In contrast, profit increased by four percent to 4.5 billion Swedish...

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