# Volvo Cars Q4 profit lags forecasts
Published: 2022-02-11
Category: Uncategorized
Category URL: https://tradingherald.com/category/uncategorized/
Meta Title: Volvo Cars' Q4 Earnings Fall Short, Sales Growth Exp...
Meta Description: Learn about Volvo Cars' underwhelming quarterly results and their plans for sales growth in 2022. Find out more now!
URL: https://tradingherald.com/volvo-cars-q4-profit-lags-forecasts/

STOCKHOLM (Reuters) – Volvo Cars reported on Friday quarterly earnings below expectations, and said it expected to continue growing sales volume in 2022.

The Swedish carmaker’s fourth-quarter operating profit fell to 3.7 billion Swedish crowns ($396.4 million) from 4.9 billion a year ago, compared to a 4.77 billion mean forecast in a Refinitiv poll.

($1 = 9.3353 Swedish crowns)

(Reporting by Helena Soderpalm; Editing by Simon Johnson)


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