First quarter 2021

“The first quarter of 2021 was characterized by high activity among our customers, which was reflected in good demand for both new products and services. Compared with the first quarter of 2020, our net sales increased by 3% to SEK 94.0 billion. The good sales volumes, not least in the service business, and our own measures to keep costs down contributed to the adjusted operating income improving to SEK 11.8 billion (7.1). The adjusted operating margin increased to a historically high 12.6% (7.8),” says Martin Lundstedt, President and CEO.

Conference call for investors and analysts 9.00 a.m CEST
Volvo Group was represented by President and CEO Martin Lundstedt and CFO Jan Ytterberg.

An online presentation of the report, followed by a question-and-answer session was webcast at 9.00 a.m.
Access the webcast.

Replay number:
SE: +46 8 519 993 85
Conference Reference: 301338416#