Volvo Cars posts record sales in 2014 supported by China and Europe  [ Sweden ]

Volvo Cars announced its financial results of 2014 on February 26. The Group's revenue rose by 6.3 percent to SEK 129,959 million, its operating profit rose by 17.4 percent to SEK 2,252 million and its net profit fell by 13.1 percent to SEK 834 million in 2014.The Group's sales rose by 8.9 percent to all-time record 465,866 units in 2014, supported by strong performances in China and Europe. In...