-
Net sales for the third quarter 2004 increased by 16%, adjusted for currency effects and amounted to SEK 45,870 M (40,511).
- Net income increased to SEK 1,002 M (956) in the quarter.
-
Income per share for the third quarter was SEK 2.40 (2.30).
-
Improved earnings in all business areas.
-
Volvo acquires Prévost and Nova Bus and a write-down attributable to Henlys Group of SEK 1,310 M has been charged against income in the third quarter of 2004.
-
Operating income for the third quarter of 2004 includes costs amounting to approximately SEK 400 M related to industrial relocation in Renault Trucks.
Cash flow after net investments excluding Financial Services was a negative SEK 2.9 billion (negative: 0.8). |