Volvo has earned 37% more

Volvo has earned 37% moreNet profit of Swedish engineering group AB Volvo in the first half of 2005. increased compared with the same period of 2004. 37% to 760 million euros ($7 billion 178 million SEK), according to a report of concern. While in the second quarter of 2005. net profit Volvo AB increased by 39.9% and amounted to 3 billion 930 million SEK.Revenue Volvo AB in the first half of 2005. increased by 14.3% to 113 billion 372 million SEK operating profit increased by 39.2% to $ 9 billion 886 million SEK. Revenue from sales of trucks in the first half of 2005. increased by 16% to 77 billion 6 million SEK from bus sales grew 20 percent to 7 billion 415 million SEK from sales of construction equipment increased by 12% to 16 billion 737 million SEK. The revenue Department on work with real estate Volvo Penta increased by 6% to 5 billion 15 million Swedish kronor, at Volvo Aero has not changed and amounted to 3 billion 431 million SEK, revenue from other activities decreased by 1% and amounted to 3 billion, 768 million SEK.25.07.2005.



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