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Volvo Cars Q2 operating profit falls as tariffs bite

Volvo Cars Q2 operating profit falls as tariffs bite

Reutersa day ago
STOCKHOLM, July 17 (Reuters) - Sweden-based Volvo Cars (VOLCARb.ST), opens new tab reported a steep fall in second-quarter adjusted operating profit on Thursday and said demand remain under pressure as tariffs hits.
Its quarterly operating profit excluding items affecting comparability fell to 2.9 billion Swedish crowns ($297.89 million) from 8.0 billion a year ago.
($1 = 9.7352 Swedish crowns)
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