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Comments on Q4 result

“For the full year 2024, net sales amounted to SEK 526.8 billion (552.3) and the adjusted operating income to SEK 65.7 billion (78.2), with an adjusted operating margin of 12.5% (14.0). Return on capital employed in the Industrial Operations was strong at 35.8% (36.7). We also generated a strong operating cash flow of SEK 45.3 billion (45.8) with a record fourth quarter. We ended the year with a net cash position of SEK 85.9 billion in the Industrial Operations, pension and lease liabilities excluded. Thanks to our strong finances, we can both provide a good return to our shareholders and invest in the products and solutions strengthening our future competitiveness. The Board of Directors proposes an ordinary dividend of SEK 8.00 per share and an extra dividend of SEK 10.50 per share,” says Martin Lundstedt, President and CEO.

- Martin Lundstedt, President and CEO, Volvo Group


The Volvo Group report for the fourth quarter and full year 2024 was published on January 29, 2025:

https://www.volvogroup.com/en/news-and-media/events/2025/jan/fourth-quarter-2024.html