Volvo Q3 Sales Miss Analysts’ Forecasts at 119.5 Billion Kronor
Volvo's third-quarter sales were 119.5 billion kronor, below analysts’ forecasts of 125.5 billion kronor, according to RBC Capital Markets analyst Nick Housden.
Investors are likely to be concerned by Volvo's disappointing sales, Nick Housden at RBC Capital Markets writes in a note to clients. The Swedish truck maker's sales came in at 119.5 billion kronor for the third quarter, below analysts' forecasts for 125.5 billion kronor. While profitability improv…