Volvo Construction Equipment (Volvo CE) reports a strong performance for the fourth quarter of 2017. This helped its parent company, the Volvo Group, achieve the highest sales and operating income in its history. Improved competitiveness coupled with growing demand, especially in Asia, boosted Volvo CE’s performance in sales, operating income, and order intake.
Volvo Construction Equipment president Pat Olney has unveiled the low-emissions technology used in the company’s forthcoming Stage IV/Tier 4 Final-compliant machines. He also detailed the progress of investments in Europe and other international markets and announced the extensive development pipeline that will see a radically updated product range launched over the next two years.