Manufacturing Industry
Volvo construction equipment posts third quarter increase.(Rental Market Update)
Underground Construction, February, 2005
Volvo Construction Equipment had a 17 percent increase in net sales in the third quarter of 2004 compared with the same period in 2003. An adjustment was made for currency effects. The company's results, announced as part of parent company AB Volvo's third quarter report, continues a succession of previous positive quarters indicating strong performances in a growing global marketplace for construction equipment.
New product launches during the third quarter by Volvo CE included a four-model range of short swing compact excavators in the 2.5 to 8 ton classes, and the Volvo BL61 backhoe loader, an entry level version of Volvo CE's popular Volvo BL71 backhoe loader. Upgraded versions of the Volvo EC45 compact and the Volvo L30B and Volvo L35B compact wheel...
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