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Fourth quarter and full year 2012

The Volvo Group Report on 2012 Operations was published on February 6, 2013 at 7.20 AM CET.
Fourth quarter and full year 2012

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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