First quarter 2018
A good but challenging quarter
In the first quarter the Volvo Group increased its net sales by 16% to SEK 89.1 billion with good demand in most markets globally. Our operating income amounted to SEK 8.3 billion (6.8) with a corresponding margin of 9.3% (8.9). Earnings in Construction Equipment continued to increase strongly while Trucks was on par with last year. It is a good result, but we are still not satisfied,” says President and CEO, Martin Lundstedt.
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 Deputy CEO and CFO Jan Gurander.
The conference was also webcasted. Access the webcast.
SE: +46 85 664 26 38
Conference Reference: 696387#