Second quarter 2017
Continued profit improvement and strong cash flow
The Volvo Group increased both sales and profitability during the second quarter. Compared with the second quarter last year, net sales increased by 12% and amounted to SEK 88.4 billion. The profitability continued to develop positively with an adjusted operating income of SEK 8.5 billion (6.1), which corresponds to an operating margin of 9.7% (7.8). All business areas improved their operating income. Cash flow in the Industrial Operations was also strong and amounted to SEK 11.9 billion (6.9).
Conference call for investors and analysts 09.00 a.m CEST
The Volvo Group was represented by President and CEO Martin Lundstedt and Deputy CEO and CFO Jan Gurander.
SE: +46 85 664 2638
Conference Reference: 688782#