| Title: | Volvo AB Q1 2008 Earnings Conference Call (AM) Transcript |
| Price: | $54.00 |
| Publication Date: | Apr 25, 2008 |
| Source: | Thomson StreetEvents |
| Report Type: | Transcript |
| Abstract: | Final Transcript of VOLV_B.ST earnings conference call or presentation, 25-Apr-08 10:00am CET |
| Brief Excerpt: | ... - Volvo AB - CEOVery good. Most welcome to this first quarter ####. We have had quite a decent quarter in quite a lot of different aspects, most notably I think the fact that we were able to grow the Group at ##%, even though we had a very sharp downturn in North American market, is perhaps the best news. And as you can also see here in this quarter a much better operating income and leverage on that growth also. If you look at the environment that we are operating in, we see Europe with a slower growth. We are obviously on the order intake side, with Trucks I'll comment a little more in details, but we actually see what we think is surprisingly good. We are building order books now in ####. And normally on Volvo, you know we have order books of three to six months. Now we are actually building order book which is around nine to ## months ahead of what is the normal market. So we would consider Europe to still be robust but also at a slower growth. So it's clearly a situation where we... |
| Word Count: | 13670 |
| Length: | 20 Pages |
| Ticker: | VOLV_B.ST |
| Time: | 10:00am CET |
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