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Net sales for the first quarter 2003 amounted to SEK 40,931 M (40,385). |
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Strong improvement in earnings, improved Truck result in Europe, reduced losses in North America and increased profitability within Volvo CE. |
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Production changeover in North America completed. |
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Net income improved to SEK 506 M (loss: 746). |
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Income per share for the first three months amounted to SEK 1.20 (loss: 1.80). |
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Cash flow after net investments excluding Financial Services amounted to a negative SEK 2.2 billion in the first quarter (2.5). |
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