Volvo back in profit

Thursday 09 March 1995 00:02 GMT

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Volvo back in profit

Volvo, the Swedish automotive group, rebounded into the black in 1994, making pre-tax profits of Skr16.38bn (£1.4bn) against a Skr2.64bn loss in the previous 12 months. Sales were up and the group said car and truck operations had boosted operating profits.

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