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Three months ended March 31, 2010

  • In the first quarter, net sales increased by 4% to SEK 58.6 billion (56.1). Adjusted for currency movements, sales increased by 12%

  • The first quarter operating income amounted to SEK 2,799 M (Loss SEK 4,528 M) driven by a reduced overall cost structure combined with improved productivity and cost absorption in the industrial system
  • In the first quarter, basic and diluted earnings per share amounted to SEK 0.83 (Negative SEK 2.09)
  • In the first quarter, operating cash flow in the Industrial Operations was negative in an amount of SEK 2.7 billion (Negative SEK 15.7 billion). The negative cash flow was an effect of a normal seasonal build-up of working capital
  • Significant earnings recovery in Construction Equipment
Volvo Construction Equipment
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