The Volvo Group Report on first six months 2016 was published on July 19, 2016 at 7.20 a.m. CEST.
Improved underlying profitability on lower volumes
“In the second quarter we were able to continue the improvement of our underlying profitability despite declining sales, thanks to positive cost development. Sales decreased by 7% to SEK 78.9 billion. Despite this, the underlying operating income increased to SEK 6.1 billion, corresponding to an operating margin of 7.8%,”
- Martin Lundstedt, President and CEO -
Download the report here:
• English pdf version
• Swedish pdf version
Press and Analysts Conference 9.00 a.m. CEST
A press conference was held at Tändstickspalatset, Västra Trädgårdsgatan 15 in Stockholm at 9.00 a.m. CEST. The Volvo Group was represented by CEO Martin Lundstedt.
The conference was webcast. Access the webcast. Presentation material
SE: +46 85 664 26 38
Conference Reference: 674026#
Follow us on Twitter: https://twitter.com/VolvoGroup hashtag: #VolvoQ2