Volvo hit by 50% drop in profits
24th May 1990, Page 16
24th May 1990
Page 16
Page 16, 24th May 1990
— Volvo hit by 50% drop in profits
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• Volvo has suffered a fall of nearly 50% in the first quarter profits for 1990. Income was 2104m in the first three months, while group sales slipped by 3% to £2.1b. Truck sales fell £27m to £560m.