Ferronordic: Brightening market outlook - Nordea

Yesterday (25 June) we hosted a group presentation with Ferronordic. Following a rather challenging period in Germany, our impression is that the truck market is again heading in the right direction. While the acquisition of Rudd Equipment (Volvo CE) has exceeded expectations and the United States continues to show impressive resilience – supported by several substantial infrastructure investment programs and large construction projects.

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