kscarbel2 Posted April 21, 2016 Share Posted April 21, 2016 SvD Naringsliv / April 19, 2016 This week, several of the Stockholm Stock Exchange's heavyweights including Volvo will release their quarterly reports. On Friday, the market will among other things give weight to whether Volvo can show positive margins from the merger with Chinese truckmaker Dongfeng Commercial Vehicles. “If it can find success, the joint venture with Dongfeng would make Volvo one of the world's largest truckmakers by volume. But so far, there has been no meaningful development. Now it is up to Volvo to show some evidence of progress,” says Jonas Olavi, equity strategist at Alfred Berg. Lars Söderfjell, chief strategist at Swedbank, believes that the market’s focus regarding Volvo will be on existing businesses, such as North America, Brazil and the EU and how the company is managed with the relatively new CEO Martin Lundstedt at the helm. “Lundstedt will do great things with the company, but it will take time and it will not appear in the first quarter. One bright spot, however should be a decent cash flow”, says Söderfjell. Quote Link to comment https://www.bigmacktrucks.com/topic/44919-market-to-critique-volvo-on-friday/ Share on other sites More sharing options...
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