Volvo Group (VOLVY.PK) reported that its third-quarter income to equity holders of the parent company increased to 5.47 billion Swedish kronor from 2.59 billion kronor, previous year. Earnings per share was 2.69 kronor compared to 1.27 kronor. Adjusted operating income amounted to 7.02 billion kronor compared to 4.85 billion kronor, prior year, corresponding to an adjusted operating margin of 9.1% compared to 7.0%. The company said the higher adjusted operating income year-over-year is primarily an effect of significantly improved earnings in Volvo Construction Equipment and higher truck volumes.
from RTT - Earnings http://ift.tt/2yuW3Nd
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