Volvo Car Shares Fall More Than a Quarter After Earnings
Volvo Car shares shed more than a quarter of their value after the company reported earnings. CEO Hakan Samuelsson said the business environment had turned worse than anticipated.
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DSV Reports Q3 EBIT Growth, Narrows 2026 Guidance
DSV reported Q3 gross profit growth of 2.3% and EBIT growth of 11.5%, and narrowed its EBIT guidance. The company also reported cash flow of DKK 6.4 billion and initiated a DKK 1.5 billion share buyback.
Analysts lift targets for Porsche, Volvo, Continental
Jefferies kept Porsche at hold with a 49 euro target after investor-event remarks on margins and cash returns. UBS raised Volvo to buy and Bernstein upgraded Continental to outperform, while shares in the sector were mixed.