Volvo AB: ‘More Than Just Trucks’ And An Upcomer In Emerging Markets

Hello!

SA article on the Volvo stock, published 2019-05-14 at Seeking Alpha.

  • Volvo AB outperform itself on 4 out of 5 profitability ratios.
  • FY2018 sales growth landed at 17.46%.
  • Impressive China sales growth (FY2018 at 34.8%) for Volvo AB’s CE (Construction Equipment) division.
  • The CE division is now a major constituent of the revenue portfolio.
  • With great product diversification, strong market presence, a good foothold in emerging markets and exaggerated macroeconomic risks, I consider this stock a buy.

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