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Volvo CE
Volvo Construction Equipment says it saw net sales increase by 13% in Q2 year over year, driven by higher volumes in North America, Europe and South America. Adjusting for for currency movements, net sales increase by 21% year-over-year.
Of course, Q2 year-over-year results for all companies will be in comparison to the height of the pandemic experienced during the same quarter last year.
Volvo CE says all markets have enjoyed an uptick during the quarter year-over-year with the exception of China, which experienced a slight downturn after its Q1 surge. The company s North American markets saw a 35% unit volume increase, driven by infrastructure spending and housing construction activity.