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Volvo Group seeks ‘right balance’ through cuts and restructuring

With truck sales pretty flat and construction free falling, Volvo is counting on a restructuring of the truck ops and continued efficiency improvements, writes Megan Lampinen

Volvo Group's full year results took a hit from weakness in the construction equipment business while the truck operations struggled with flat volumes. However, it continues to make solid progress on its restructuring programme, which together with a revamped organisational structure for the truck operations should help with future performance.

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