Third quarter 2021
“During Q3 2021, demand for the Volvo Group’s products and services was good in most markets around the world. We increased our net sales to SEK 85.3 billion with strong growth not least in the service business. However, the quarter was affected by shortages of semiconductors, other components and freight capacity resulting in production disturbances and increased costs. Despite this, we delivered an adjusted operating income of SEK 9.4 billion, which corresponds to a margin of 11.0%,” says Martin Lundstedt, President and CEO.
Conference call for investors and analysts 09.00 a.m CEST.
Volvo Group was represented by President and CEO Martin Lundstedt and CFO Jan Ytterberg.
An on-line presentation of the report, followed by a question-and-answer session was webcast at 09.00 a.m CEST.
Access the replay.
SE: +46 8 519 993 85
Conference reference: 425014231#
Follow us on Twitter: