Volvo CE sales up 24% in Q3

Volvo CE sales up 24% in Q3

October 19, 2018

Strong growth in South America, China and Russia help drive sales growth in Volvo Construction Equipment’s third quarter of 2018.

Helping parent company The Volvo Group to its best ever third quarter results, Volvo Construction Equipment once again posted a strong set of figures during the period. Good demand for its competitive products in most markets helped drive sales growth of almost a quarter, coupled with strong profitability. 

Net sales in the third quarter increased by 24% to SEK 18,598 M (15,042). Operating income was also up, rising to SEK 2,587 M, up from 2,023 M in the corresponding period in 2017. This again delivered a yet stronger operating margin of 13.9% (13.4%). Profitability was positively impacted by higher equipment and service sales, improved capacity utilization in the industrial system and good cost control.

To read the full press release, visit www.volvoce/press.


Featured

XCMG: Six bridges and two engines, XCA400L8 _ 1 is high-tech!

XCMG: Six bridges and two engines, XCA400L8 _ 1 is high-tech!

Set a New National Record, Sinotruk Heavy Truck Export Exceeds 14000 Vehicles in February!

Set a New National Record, Sinotruk Heavy Truck Export Exceeds 14000 Vehicles in February!

Renovation of Patterns? Zhonglian Mining Machine "Customer Activity Day" Officially Opened

Renovation of Patterns? Zhonglian Mining Machine "Customer Activity Day" Officially Opened

Good news of delivery | Batch delivery of 30 SJM 3090F wide-body dump trucks

Good news of delivery | Batch delivery of 30 SJM 3090F wide-body dump trucks

Trending Products

XCMG Official 5m 1000W*2 Hand Push Operated Lifting Telescopic Mobile Metal Halide Lamp Balloon Light Tower

XCMG Official 5m 1000W*2 Hand Push Operated Lifting Telescopic Mobile Metal Halide Lamp Balloon Light Tower

XCMG Official 5m Hand Push Lifting Telescopic Mobile Halogen Lamp Light Tower for Construction Site and Mining

XCMG Official 5m Hand Push Lifting Telescopic Mobile Halogen Lamp Light Tower for Construction Site and Mining

XCMG Factory 9m Hydraulic Mast Diesel Generator Trailer Mobile LED Stadium Light Tower

XCMG Factory 9m Hydraulic Mast Diesel Generator Trailer Mobile LED Stadium Light Tower

XCMG Official 7m China New Mobile Diesel Generator Explosion Proof LED Work Light Tower for Sale

XCMG Official 7m China New Mobile Diesel Generator Explosion Proof LED Work Light Tower for Sale

Engineering Machinery Vocabulary
TO TOP