Second Quarter 2019
The Volvo Group report on the first six months 2019 was published on July 18 at 7.20 a.m. CEST.
July 18, 2019Time
7:20 am CESTLocation
Tändstickspalatset, Västra Trädgårdsgatan 15, Stockholm
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A quarter with sales growth and continued profitability improvement
“In Q2 2019 the Volvo Group continued on the path of increased sales and improved profitability. Both our net sales of SEK 121 billion (104) and adjusted operating income of SEK 15.1 billion (11.5) were the highest we have had in a quarter so far. We improved the adjusted operating margin to 12.5% (11.1). Increased vehicle volumes were the main contributor to the profit improvement. Operating cash flow in the Industrial Operations increased to SEK 13.9 billion (8.3),” says Martin Lundstedt, President and CEO.
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 President and CEO Martin Lundstedt and CFO Jan Ytterberg.
The conference was also webcast.
Access the webcast.
SE: +46 (0)8-519 993 85
Conference Reference: 301292726#
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