Volvo Car Group today reports an operating profit for 2013 of 1,919 MSEK (66 MSEK in 2012). Revenue over the period amounted to 122,245 MSEK (124,547 MSEK), while net income amounted to 960 MSEK (-542 MSEK). This strong turnaround from the first half of 2013 is further tangible proof of Volvo Car Group’s progress in implementing its transformation plan.
Volvo Car Group reported a full-year operating profit of 1,919 MSEK for 2013 and will stay in the black and grow sales in 2014, President and CEO Håkan Samuelsson said today. Retail sales are forecast to grow by “a good” 5 per cent in 2014, Samuelsson added.