Brief: Volvo Cars Withdraws FY 2026 Guidance
02/10/2026 07:38
BRIEF-Volvo Cars Withdraws FY 2026 Guidance Oct 2 (Reuters) - Geely Automobile Holdings Ltd 0175.HK:
VOLVO CARS REMOVES FORWARD LOOKING STATEMENT ON VOLUME AND CASH FLOW
CARS WITHDRAWS FULL YEAR 2026 OUTLOOK ON VOLUME AND CASH FLOW
WILL NOT FULFILL PREVIOUS FULL YEAR 2026 OUTLOOK STATEMENTS ON VOLUME AND CASH FLOW
FURTHER DETERIORATING MARKET CONDITIONS IN CHINA AND SLOWER THAN EXPECTED RECOVERY IN US, WHILE EUROPE REMAINS RESILIENT
SIGNIFICANT NEGATIVE IMPACT Q3 CORE EARNINGS AND CASH FLOW
NOT TO PROVIDE ANY UPDATED SHORT-TERM FORWARD-LOOKING STATEMENT
REMOVAL OF SHORT-TERM FORWARD-LOOKING STATEMENTS HAS NO IMPACT ON LONG-TERM STRATEGIC AMBITIONS
Source text: ID:nWkr8ZQn68
Further company coverage: 0175.HK
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