Volvo Construction Equipment (Volvo CE) ended 2016 strongly, with market share gains in the larger, more profitable machine segments and net order intake up by 35%. The Swedish giant’s deliveries were also up by 19% to 10,639 machines. Volvo CE said its order intake increased in all markets, most notably in China and Europe.
In Q4 2016, Volvo CE net sales increased by 20% to SEK 13,110 million (€1.387 billion). Adjusted operating income amounted to SEK 494 million (€52.28 million), corresponding to an o