Restructurings need to progress. Shareholders and managements are frequently at odds about the pace of change, but if there is minimal sign that a company is moving towards defined goals, investors have every right to fret. Sweden’s Volvo, one of the world’s biggest truckmakers, has been in that stalled situation. Chief executive Olof Persson moved into the driving seat in September 2011. Yet Volvo’s shares, at SKr85, have gained less than 10 per cent since and generally underperformed peers. Profitability has been volatile: in the first nine months of 2013 operating income before restructuring charges fell 60 per cent year-on-year to SKr6.3bn ($965m), as margins more than halved to just over 3 per cent.
重组需要推进。股东和管理层经常在变化速度上发生分歧，但如果没有什么迹象显示公司正向着确定的目标前进，投资者就完全有权着急。manbetx app苹果 最大的卡车制造商之一——瑞典的沃尔沃(Volvo)近年就处于这种停滞状态。首席执行官欧罗夫•佩森(Olof Persson)自2011年9月开始掌舵。但沃尔沃股价（85克朗）迄今上涨还不到10%，且总体跑输大盘。盈利状况不稳定：2013年1至9月，扣除重组费用前的营业利润同比下降60%，至63亿克朗（合9.65亿美元），利润率下降逾一半，刚过3%。