STOCKHOLM (Reuters) – Volvo Cars reported on Thursday quarterly earnings above expectations and said it expected marginal growth in salesvolumes for the full year 2022 compared to 2021.
The Swedish carmaker’s first-quarter operating profit fell to 6.0 billion Swedish crowns ($607.4 million) from 8.4 billion a year ago. Four analysts polled by Refinitiv had on average forecast a 4.13 billion profit.
($1 = 9.8776 Swedish crowns)
(Reporting by Helena Soderpalm; editing by Niklas Pollard)
