- In Q2 2022, net sales increased by 31% to SEK 118.9 billion (90.6). Adjusted for currency movements the increase was 20%.
- Adjusted operating income2 amounted to SEK 13,745 M (9,730), corresponding to an adjusted operating margin of 11.6% (10.7).
- Reported operating income amounted to SEK 13,745 M (11,384).
- Currency movements had a positive impact on operating income of SEK 2,769 M.
- Earnings per share amounted to SEK 5.14 (4.38).
- Operating cash flow in Industrial Operations amounted to SEK 7,199 M (5,932).
- Return on capital employed in Industrial Operations of 26.8% (23.4).
Press and Analyst Conference Call. An on-line presentation of the report, followed by a question and answer session will be webcast starting at 09.00 CET.
July 22, 2022
More information, including an interview with CEO Martin Lundstedt, is available on https://www.volvogroup.com/en/investors.html
Aktiebolaget Volvo (publ) 556012-5790
Investor Relations
SE-405 08 Göteborg, Sweden
Tel +46 31 66 00 00
www.volvogroup.com
Contact Media Relations:
Claes Eliasson / +46 765 53 72 29
Contacts Investor Relations:
Christer Johansson / +46 739 02 25 22
Johan Bartler / +46 739 02 21 93
Anders Christensson / +46 765 53 59 66
This information is information that AB Volvo (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 07.20 CEST on July 19, 2022.
For more information, please visit volvogroup.com
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The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers’ uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs almost 95,000 people and serves customers in more than 190 markets. In 2021, net sales amounted to SEK 372 billion (EUR 37 billion). Volvo shares are listed on Nasdaq Stockholm.
