Volvo has said that it is for the first time in a long time, saw a ”correction” in terms of sales and profitability. The sales of trucks went down, but it went to the top of the construction equipment, and buses.
the order Intake for trucks fell by 10 percent, and the parerat by reducing their inventories. Dieting is going to continue in north America, where order bookings were strong, and the results were also affected by the strike.
As a whole, the hit to the company, nevertheless the majority of analysts ‚ expectations, and to the stockholm stock exchange in response to a lunch on Thursday, sending the company’s shares nearly 8 per cent.
there could hardly be any other thing than a good thing. The company has utilized the same time to increase the sales and profits at the same time, as the emphasis is deliberately on research and development. Sales have grown from 283 to 432 billion between 2014 and 2019. At the same time, the company has earned some 113 billion. It’s the equivalent of Sweden’s fee to the UNION for three years.
the shareholders have been able to smile about the trend, and now it is proposed the board of directors in addition to a dividend of at a record high of sek 13 for the start of 2019. I am the biggest, the chinese Geely and Growth, but also to the more than hundreds of thousands of small investors.
in Spite of the utdelningsyran sitting in the company of a fund of more than sek 60 billion, which gives it the ability to both slow down and accelerate, and continue to benefit the shareholders of the company.
It is up to the evidence for the management to show that it is able to operate even when the visibility is a little worse in the world of Brexit, trade wars and the threat of armed conflict. In the short term, Volvo will, among other things, make an effort to get their business in north America, ”we’ve taken away most of the excuses for continuing to lose market share, ‚ says the ceo, Martin Lundstedt.
Otherwise, the rays of the sun, he gains confidence and self-esteem: ”We are living in the logistikens of the golden age, and we’re going to take the lead.” It means a more connected vehicles, and more electric-powered trucks, buses and vans, but also self-driven vehicles, which are being developed within a new business area, Volvo, the Independent Solutions.
You think too much of it is new technology partnerships, with Isuzu Motors, which will be completed by the end of 2020. This means, among other things, to transfer of the japanese UD Trucks global operations for Mercury, and this shall be the competition authorities, first, to have their say.
AB Volvo (publ) held at the end of the year to almost 104.000 employees, which represents more than 2,000 people, fewer and fewer workers over 900, the number of officials compared to the year 2018. The interim report gives no signs of a drastic change, but in the river, the other side will fit most of the time, in this, the chief sense of the word: ”We’re going to continue to take steps to bring our expense levels into line with demand.”
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