Truck maker Volvo profits rise

Stockholm: Swedish truck maker AB Volvo says net profit in the third quarter rose slightly to 1.6 billion kronor (Dh809 million, $220 million) in a mixed economic environment.

The Goteborg-based company said on Friday that the figure for July-September was up from 1.4 billion kronor in the same period last year.

Volvo, which also makes buses, engines and construction equipment, said sales grew slightly from last year to 67.2 million kronor ($9.2 million).