Volvo AB

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Volvo AB engages in the design, manufacture, and market of commercial vehicles. It operates through the following segments: Trucks, Construction Equipment, Buses, Volvo Penta, and Financial Services. The Trucks segment includes the production, development, and logistics for powertrain and parts. The Volvo Penta segment markets marine and industrial engines. The company was founded by Assar-Thorvald Nathanael-Gabrielsson and Erik Gustaf Larson in 1927 and is headquartered in Goteborg, Sweden.

The car company is implementing organizational changes to increase simplicity, speed and collaboration and reduce complexity on the commercial side of the business.

Volvo Deputy CEO to Step Down as Part of Leadership Reshuffle

Volvo Cars said on Wednesday its deputy CEO Bjorn Annwall will leave the group as part of a reorganisation designed to increase simplicity, speed and collaboration and reduce complexity in the organisation.

Volvo Cars deputy CEO to step down in management reshuffle

Volvo Cars hopes to reach an agreement on pricing.

Sweden, Volvo Cars hope for better deal on any EU Chinese EV tariffs

Trucks are assembled at the state-of the-art New River Valley Assembly Plant in Dublin, Virginia Trucks are assembled at the state-of the-art New River Valley Assembly Plant in Dublin, Virginia

Volvo Trucks Redefines the Trucking Industry in North America with Start of Series Production of the All-New Volvo VNL

Volvo Cars' sales rose 1% year-on-year in September to 62,458 cars, the Sweden-based automaker said on Wednesday.

Volvo Cars September sales rise 1%

VLVLY hits a major milestone with the production of its 100,000th EX30 amid rising demand for the budget-friendly electric SUV.

Volvo Achieves Milestone in EX30 Production Amid Rising Demand

Bayerische Motoren Werke AG

Mercedes-Benz Group AG

European automakers are most likely affected by the dockworkers strike at U.S. East Coast and Gulf Coast ports because they rely heavily on those locations, but a longer walkout could hit the industry more broadly if suppliers suffer, analysts said.

European automakers most at risk from US dockworkers strike, analysts say

GOTHENBURG, Sweden , Oct. 1, 2024 /PRNewswire/ -- After many years of service Joachim Rosenberg has decided to resign from his role as member of the Volvo Group Executive Board, EVP Strategic Initiatives and President of Volvo Energy. His managerial assignments within the Group will be distributed to other members of the Volvo Group Executive Board.

Joachim Rosenberg to resign as Volvo Group Executive Board member

Volvo (VLVLY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Volvo (VLVLY) Upgraded to Buy: Here's Why

Press release from the Volvo Environment Prize Foundation GOTHENBURG, Sweden , Sept. 18, 2024 /PRNewswire/ -- Governments and organizations meet year-round to make crucial decisions to solve global environmental problems.

Political scientist awarded the Volvo Environment Prize 2024

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Volvo (VLVLY) Stock?

GOTHENBURG, Sweden , Sept. 12, 2024 /PRNewswire/ -- Halfway through 2024, Volvo Financial Services (VFS) and JA (Junior Achievement) Worldwide have reached more than 10,000 students with financial literacy curriculum, thanks to the efforts of more than 180 VFS employee volunteers and support from dozens more JA educators.

Volvo Financial Services, JA Worldwide Equip 10,000 Students with Financial Literacy Knowledge

GOTHENBURG, Sweden , Sept. 10, 2024 /PRNewswire/ -- Volvo Group Venture Capital AB invests in the U.S.-based company aifleet, a trucking company leveraging its unique AI-technology to reshape the future of trucking focusing on truck utilization and driver satisfaction.

Volvo Group Venture Capital invests in aifleet, an AI-driven trucking company

VLVLY deepens its partnership with NVIDIA to implement more advanced driving systems and revises financial targets for 2026 and beyond.

Volvo Deepens Ties With NVIDIA, Revises Outlook for 2026 & Beyond

Turn up at any car show around the world from Las Vegas to Bangkok, and you are likely to see automaker Volvo brandish its loud and proud electric vehicle (EV) manufacturing credentials.

Why Volvo Is Joining Ford And GM In Cutting 2030 EV Production Targets

Swedish automaker Volvo Cars on Thursday trimmed its 2026 margin target and adjusted its revenue goals amid complexity in "global trade and tariffs." Volvo Cars shares were 3.2% higher in early afternoon deals following a 10% decline so far this week.

Volvo Cars cuts margin and revenue aims after ditching electric vehicle target

GOTHENBURG, Sweden , Sept. 5, 2024 /PRNewswire/ -- Volvo Cars has adjusted its core business ambitions for the coming years, reflecting the company's relentless focus on value creation while remaining pragmatic amidst fluid market conditions.

Volvo Cars adjusts core business ambitions for 2026 and beyond

Swedish automaker Volvo Cars on Thursday lowered its adjusted profitability target for 2026 and said it aims to continue outgrowing the premium car market until that year, dropping a previous sales target.

Volvo Cars lowers profit margin target

GOTHENBURG, Sweden , Sept. 5, 2024 /PRNewswire/ -- On Volvo Cars' Capital Markets Day, held today in Gothenburg, Sweden, we will reveal our new, game-changing approach to technology.

All future electric Volvo cars will originate from one single technology stack

NVIDIA

GOTHENBURG, Sweden, Sept. 5, 2024 /PRNewswire/ -- At Volvo Cars, we don't focus on technology for the sake of technology.

From car to cloud: Volvo Cars expands collaboration with NVIDIA

Volvo Cars will use a single software system backed by powerful chips from Nvidia for all future models and will rely on "megacastings" to cut costs for electric cars, the company said on Thursday.

Volvo Cars looks to Nvidia-powered software, 'megacastings' for future EVs

Volvo announced that it's moving away from its goal of making only electric vehicles by 2030 and is now aiming for 90% to 100% of its vehicles to be fully electric EVs plus hybrids.

Volvo reverses goal to make only EVs in 2030

Volvo has abandoned to plans to make only electric-powered vehicles by 2030, with 10% ‘mild hybrids' or petrol-powered cars now part of its schedule. The Swedish icon, which is owned by Chinese group Geely, had planned to go fully electric by 2030 but that target has been watered down to 'between' 90-100% including hybrids.

Volvo abandons EV target in face of sales slump

Swedish automaker Volvo Cars on Wednesday abandoned its near-term goal of only selling electric vehicles, citing a need to be "pragmatic and flexible" amid changing market conditions and cooling demand. The Geely-owned carmaker said that by 2030 it now aims for between 90% to 100% of its cars sold to be fully electric or plug-in hybrid models, while up to 10% will allow for a limited number of mild hybrid models.

Sweden's Volvo Cars scraps plan to only sell electric vehicles by 2030

Volvo Cars said concerns about tariffs, the withdrawal of government incentives, and a lack of charging infrastructure had led to it weakening ambitions it first set out in 2021

News for Volvo AB Stock (VLVLY)