The Volvo Group Report on 2012 Operations was published on February 6, 2013 at
7.20 AM CET.
Financially strong in a weak world economy
In the fourth quarter the Volvo Group’s net sales declined to SEK 71.8 billion (86.5) as a result of lower economic activity in many of our markets and a continued uncertainty about the future direction that makes our customers more cautious. However, overall we have maintained our market positions with some regional variations. Operating income declined to SEK 1,121 M (6,955). For the full-year 2012, the Volvo Group’s net sales amounted to SEK 303.6 billion (310.4) with an operating income of SEK 17.6 billion (26.9) and an operating margin of 5.8% (8.7).
- Olof Persson, President and CEO -
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