Volvo Cars expects strong performance in 2024

Volvo Cars announced on February 6 that its retail sales in 2024 will increase by 8% year-on-year to 763,400 vehicles; revenue will be 400.2 billion Swedish kronor, higher than 399.3 billion Swedish kronor in 2023; operating profit will be 22.3 billion Swedish kronor, an increase of 12% year-on-year; net profit will be 15.9 billion Swedish kronor, an increase of 13% year-on-year.