
Volvo Reports Third Quarter Financials
Net sales decreased 5%, and operating margin fell to 10.6% from 12% in the prior-year period.

Net sales decreased 5%, and operating margin fell to 10.6% from 12% in the prior-year period.

Hugo Ferlay will work with OEMs and market stakeholders to expand the company’s footprint in France.

The Tampa Bay Waterkeeper will receive a 115-hp outboard to repower the Florida organization’s workboat.

Quick Nautical Equipment’s electric thrusters will be integrated with Volvo Penta’s assisted docking system.

Samin Yasar, who is working toward a master’s degree in biology, was recognized for his research into improving coastal sustainability.

The Massachusetts-based supplier is the exclusive North American distributor for the British blinds manufacturer.

Hanna Ljungqvist has previous experience at the propulsion manufacturer and other segments within the Volvo Group.

Total revenues at the marine communications company decreased 7% from $28.7 million in the year-ago quarter to $26.6 million.

Marine segment revenue increased by $11.5 million during the quarter, driven largely by increased global outboard sales.

Marine products revenue was ¥280 billion ($1.8 billion), down 5.9% from the same period of the previous fiscal year.

Net sales decreased 5%, and operating margin fell to 10.6% from 12% in the prior-year period.

Hugo Ferlay will work with OEMs and market stakeholders to expand the company’s footprint in France.

The Tampa Bay Waterkeeper will receive a 115-hp outboard to repower the Florida organization’s workboat.

Quick Nautical Equipment’s electric thrusters will be integrated with Volvo Penta’s assisted docking system.

Samin Yasar, who is working toward a master’s degree in biology, was recognized for his research into improving coastal sustainability.

The Massachusetts-based supplier is the exclusive North American distributor for the British blinds manufacturer.

Hanna Ljungqvist has previous experience at the propulsion manufacturer and other segments within the Volvo Group.

Total revenues at the marine communications company decreased 7% from $28.7 million in the year-ago quarter to $26.6 million.

Marine segment revenue increased by $11.5 million during the quarter, driven largely by increased global outboard sales.

Marine products revenue was ¥280 billion ($1.8 billion), down 5.9% from the same period of the previous fiscal year.