Second quarter 2011

The Volvo Group Report on first six months 2011 was published on July 22, 2011
Second quarter 2011

Improved profitability in the second quarter of 2011

During the second quarter, the Volvo Group’s sales continued to grow as an effect of a continued recovery in the Group’s mature markets and continued strong demand in emerging markets. Consolidated sales grew 15% compared with the second quarter of 2010 and amounted to SEK 79 billion. Operating income amounted to SEK 7.6 billion with an operating margin of 9.7%.

- Leif Johansson, President and CEO -