Financial Event

Third quarter 2023

The Volvo Group report on the third quarter 2023 was published on October 18, 2023.

“In Q3 2023, the Volvo Group continued to deliver improved results, margins and profitability. Adjusted for currency, our net sales grew by 9% to SEK 132.4 billion and we increased the adjusted operating income to SEK 19.1 billion (11.9), corresponding to an adjusted operating margin of 14.4% (10.3). We have successfully mitigated cost inflation with price management and continued to handle disturbances in the supply chain. Return on capital employed increased to 33.7% (27.4),” says Martin Lundstedt, President and CEO.
 

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 acting CFO Jan Ytterberg. Access the replay.
 

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Documents

Volvo Group report on Q3 2023 Format PDF Size 1 MB
Presentation material Format PDF Size 3 MB

Martin Lundstedt comments on Q3 result

Contact Investors Relations

Anders Christensson

Director, Investor Relations

Contact Investors Relations

Anders Christensson

Director, Investor Relations