Sweden: Volvo Car reports 1.8% EBIT margin in Q2

Volvo Car Corporation has reported EBIT of SEK 600m (US$93.5m) on revenue of SEK 33bn in the second quarter of 2011, a margin of around 1.8%. The EBIT result was SEK 170m, or 39.5%, above the Q2 2010 result of SEK 430m (1.5%) but down SEK 40m from the Q1 Subscribe to Automotive World to … Continued

• By Webmaster
• August 17, 2011