Sweden Volvo Earns

epa02128809 Volvo CEO Leif Johansson gestures during a news conference in Stockholm , Sweden , 23 April 2010 . Swedish truck maker AB Volvo posted a near 1 . 7 billion kronor ( $236 million ) net profit for the first quarter , boosted mainly by extensive cost reductions as well as improved productivity .  EPA/Claudio Bresciani / SCANPIX