Fourth quarter and full year 2010

Volvo Group - Report on 2010 was published on February 4, 2011.
Fourth quarter and full year 2010

Operations CEO's comments - good profitability and strong cash flow in the fourth quarter

During the fourth quarter of 2010, the Volvo Group continued to grow at a good pace with higher sales in all regions, improved profitability and a very strong cash flow. Year-on-year sales were up 23% to SEK 73.4 billion. Operating income improved to SEK 5.5 billion and the operating cash flow from Industrial operations amounted to SEK 15.1 billion.

- Leif Johansson, President and CEO -