09
Feb
11:06
Volvo Cars reports 20% profit growth despite turbulent 2022
Swedish carmaker Volvo Cars reported on Thursday net profit growth of 20% in 2022, boosted by record sales of battery electric vehicles and plug-in hybrids, Kallanish reports.
Despite a “heavily turbulent year” marked by prolonged supply constraints, lockdowns in China, and high material and logistics costs, the company’s net profit rose to SEK 17 billion ($1.63 billion). In Q4 2022, profit increased 27% to SEK 2.9 billion. Full-year revenue…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous