Volvo Cars Q1 Results: Stable start to 2023, as company continues delivering on ongoing transformation with improved earnings

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GOTHENBURG, Sweden, April 27, 2023 /PRNewswire/ — Q1 revenue was SEK 95.7 bn (SEK 74.3 bn in Q1 2022) Q1 operating income was SEK 5.1 bn (SEK 6.0 bn in Q1 2022) Q1 operating income (excluding JVs and associates) was SEK 6.3 bn (SEK 5.9 bn in Q1 2022) Q1 EBIT margin was 5.3 per cent (8.1…

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