STOCKHOLM--Volvo posted forecast-beating third-quarter earnings but said demand is beginning to normalize, with truck markets seen weakening next year.
Supply disturbances affected productivity and costs in the quarter, but had limited effect on deliveries, it said. "We have successfully mitigated cost inflation with price management and continued to handle disturbances in the supply chain," Chief Executive Martin Lundstedt said.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »
Bank of America earnings beat Street forecasts, but bond losses jump amid Treasury routBig gains in net interest income powered solid third quarter earnings for Bank of America, but investors are likely to focus on unrealized losses in its bond portfolio and Treasury yields continue to rise.
Source: startelegram - 🏆 248. / 63 Read more »