February 6, 2013 / 8:21 AM / 4 years ago

BRIEF-Volvo CEO sees underabsorption costs around 1 bln SEK in Q1

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STOCKHOLM, Feb 6 (Reuters) - AB Volvo Q4 news conference: * CEO says still some inventory cuts left to do for Renault arm * CEO says increasing production in Brazil as of March after underabsorption in Jan, Feb * CEO says will see better balance in production and capacity in March * CEO says sees underabsorption costs of about 1 billion SEK in Q1

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