Articles tagged with “salesdecline”

Swedish truck maker AB Volvo saw a 7 percent drop in net sales during the first quarter of 2025, reaching 121.8 billion kronor. The company cited unfavorable currency exchange rates and weaker demand in major markets as key factors behind the decline. The results reflect broader economic challenges affecting the industrial sector. Volvo's performance signals ongoing pressures in global trade, with currency volatility and softening demand impacting revenue. Analysts suggest the slowdown could persist if market conditions remain unstable. The company has not yet announced specific measures to counter the downturn but may adjust strategies in response to shifting economic trends.