大陆吉利买了富豪 (Volvo) 车厂后，2015年盈利按年增加300% by WSJ

Volvo Reports Threefold Increase in Operating Profit

Strong sales for year in Europe, U.S. offset flat development in China

 

By Christina Zander

Updated Feb. 18, 2016 1:05 p.m. ET

STOCKHOLM—Volvo Car Corp. on Thursday posted a threefold jump in annual operating profit, reaping the benefits of a five-year effort to revamp the company’s lineup.

The Swedish car brand, owned by Zhejiang Geely Holding Group Co. of China, said its full-year operating profit rose to 6.6 billion Swedish kronor ($775 million) from 2.1 billion kronor in 2014, as strong sales in the U.S. and Europe helped offset flat results in China.

Volvo, which was set to release net-profit results later in the day, said revenue increased 19% to 164 billion kronor from 138 billion kronor in 2014, as the new XC90 sport-utility vehicle helped power a turnaround for the company in the U.S. after a decade of decline.

Sales in the U.S. rose 24% last year, outpacing the industrywide 5.7% gain there.

The brand’s sales also expanded faster than the industrywide results in Europe, advancing 11% as total car sales in the region climbed 9.3%.

 

Volvo’s gains in the U.S. and Europe overcame flat sales for the brand in China, where industrywide new-car sales increased 7.3% in 2015.

The company has in the past few years invested heavily in new plants and technology as it strives to move the brand further upmarket and compete with German premium car makers such as BMW AG , Volkswagen AG ’s Audi and Daimler AG ’s Mercedes-Benz.

It has committed to replacing its entire lineup with more-luxurious cars by the end of the decade and is counting on the new products to push global sales to 800,000 cars by 2020.

Volvo Chief Executive  Håkan Samuelsson said in a written statement that he expects the company’s operating profit to continue to improve in 2016 as more of the company’s new cars reach the market.

The brand’s new S90 sedan, introduced in December, and its new wagon, the V90, introduced in connection with the full-year results, are expected to go on sale in 2016.

Volvo has already reported 2015 unit sales of 503,127 vehicles, the brand’s highest level to date and up 8% on the year.

Write to Christina Zander at [e-mail]

所有跟帖： 

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