STOCKHOLM听–听Swedish automaker Volvo Cars聽reported a significant beat聽in second-quarter operating earnings on Thursday, demonstrating resilience in an industry grappling with a weak electric vehicle (EV) market.
Volvo Cars’ operating income, which includes impact from its stake in聽聽Polestar, came to 8.0聽billion compared to the 5 billion crowns it posted a year ago.
This was聽补产辞惫别听the 6.7 billion crowns聽聽by analysts polled by LSEG.
Volvo Cars said its operating income excluding joint ventures and associates聽谤辞蝉别听to 8.2听billion Swedish crowns in the quarter from a year-ago 6.4 billion. – Reuters
