• 26-OCT-2009

Volvo Group Announces Q3 2009 Financial Results

Volvo Group reported a 31% net sales decrease in the third quarter of 2009, amounting to SEK 48.5 billion. Adjusted for currency effects, net sales decreased by 39%. The third quarter operating loss was significantly reduced compared to the second quarter as a result of cost cutting measures. The operating loss amounted to SEK 3,286 million compared to an operating loss of SEK 6,883 million in the second quarter of 2009. Available video includes Volvo Group's facilities and products shots.