Volvo Cars reports operating profit of SEK 11 billion with record sales in 2016

On February 8, Volvo Cars reported a 66% increase in operating profit in 2016 to SEK 11.0 billion compared to SEK 6.6 billion in 2015, as global sales reached a new record of 534,332 cars.
Net revenue for 2016 increased 10% to SEK 180.7 billion compared to SEK 164.0 billion in 2015, while the operating profit margin ....

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