Volvo delivers a rock-solid report, raises dividend

AB Volvo (publ), has in recent years experienced a strong report. The current financial statements was no exception.

The multi-points, beating the market's expectations. In addition, dividends to shareholders are much better than many had predicted.

a rich checkout, there were expectations of an increased dividend.

the Board of directors now proposes to pay a dividend to its shareholders, at a 5:50 per share and an extra dividend of 7:50. Last year, the public out of the ten dollars.

that is expected to pay a dividend of 10:36 in Swedish kronor, according to the Refinitivs below.

the pre-tax Profit landed at 8.857 million in the fourth quarter of 2019. That compares with a profit of 3.038 million in the same period of the previous year.

Analysts had on average expected a profit of 7.9 billion dollars, according to the Refinitivs below.

105.355 million, as compared with the 105.786 of millions of dollars a year in the past. Analysts had on average expected a turnover of 97.8 million.

Nettoorderingången ended up in the 53.315, compared with 59 535 for the fourth quarter of 2019.

president and Ceo Martin Lundstedt says in the report that, ”by 2019 was a good year for the Group. We have increased net sales by 11 per cent to 432 million euros, the improvement in our adjusted operating profit to 47.9 billion”.

in the run up to 2020 despite the recession, and Martin Lundstedt, flag, now to raise the level of production.

The lastbilssidan, the company sees a stable outlook for the european market, as well as in the domestic market. In Brazil, the reviews out of the 5,000 trucks, while the trace of a slowdown on the indian market, minus the 55.000).

in the Current segment of the construction equipment market is raising the forecast for the year 2020 in the key chinese market. In other markets, is that the previous assessment is fixed.

for more information, see the Volvo and the Acura into a strategic alliance.