“For the full year 2025, the Volvo Group’s net sales amounted to SEK 479.2 billion (526.8) and the adjusted operating income to SEK 51.2 billion (65.7), with an adjusted operating margin of 10.7% (12.5). Return on capital employed in the Industrial Operations was 25.5% (35.8). We generated an operating cash flow of SEK 21.9 billion (45.3) with a strong Q4 and ended the year with a net cash position of SEK 63.0 billion (85.9) in the Industrial Operations, pension and lease liabilities excluded. The Board of Directors proposes an ordinary dividend of SEK 8.50 per share and an extra dividend of SEK 4.50 per share,“ says Martin Lundstedt, President and CEO.

An online presentation of the report, followed by a question-and-answer session was broadcast at 9.00 a.m. CEST. The Volvo Group was represented by President and CEO Martin Lundstedt and CFO Mats Backman. Access the replay

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Martin Lundstedt comments on Q4 result