Volvo Trucks

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Volvo MastersTrucksThird QuarterThird QuarterFirst Nine MonthsSEK M 2002 2001 Change 2002 ChangeVolume (units) 37,515 31,142 20% 114,618 1%Sales 28,507 25,611 11% 87,619 4%Operating income 673 (340) n.a. 682 52%Operating margin % 2.4% -1.3% 3.7 0.8% 0.31)Highlights• Increased deliveries in all markets• High production levels forRenault Trucks and Volvo Trucks in Europe• Positive effects from price realization and synergies• New Volvo VN truck range launched• Both Mack and Volvo engines compliantwith EPA’02 legislationIn Focus• Production changeover for Volvo VN• Secure gradual ramp-up of Mack trucksin New River Valley• Continued strengthening of dealers inNorth America• Cash flow1) Including a gain of SEK 574 M from divestiture of the Mitsubishi holding in 2001 Note: Excluding restructuring costs in 20012Volvo Truck Corporation20600 E.P. - 2002-11-09
Volvo MastersVolvo Trucks - Deliveriesy.t.d September 2002Market Areaytd Jan - Sep Change2002 2001 %Total Europeof which:Western EuropeEastern EuropeNorth AmericaSouth AmericaAsiaRest of the world26 434 30 140 (12)23 042 27 046 (15)3 392 3 094 1011 534 10 357 113 485 3 481 05 902 3 518 682 021 1 658 22TOTAL49 376 49 154 13Volvo Truck Corporation20600 E.P. - 2002-11-09
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Volvo Trucks

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