Volvo Construction Equipment (CE) posted increases in net sales and profitability in the first financial quarter of 2019, driven by growth in most major markets.
During the first three months of 2019 the construction equipment manufacturer saw net sales jump by 15% to SEK24,155m (€2,300m), compared to SEK20,914m (€1,991m) in Q1 2018. These higher sales, plus improved prices and product mix, helped to positively impact operating income, which rose to SEK3,646m (€347.1m), up by 26% compared to SEK 2,888m (