- Strong sales increase in the first quarter, up 26% to SEK 76.7 billion (61.0)
- In the first quarter, operating income rose 22% to SEK 6,487 M (5,328)
- Income for the period rose 12% to SEK 4,215 M (3,756) in the first quarter
- In the first quarter, basic and diluted earnings per share rose to SEK 2.07 (1.85)
- Operating cash flow in Industrial operations was negative in an amount of SEK 3.3 billion (neg. 2.9)
Volvo Group
|
|
|
|
|
|
|
|
| First quarter
|
|
|
| 2008
| 2007
| Change
|
Net sales Volvo Group, SEK M
|
|
| 76,683
| 61,036
| 26%
|
Operating income Volvo Group, SEK M
|
|
| 6,487
| 5,328
| 22%
|
Operating income Industrial operations, SEK M
|
|
| 6,106
| 4,933
| 24%
|
Operating income Customer Finance, SEK M
|
|
| 381
| 395
| (4%)
|
Operating margin Volvo Group, %
|
|
| 8.5
| 8.7
|
|
Income after financial items, SEK M
|
|
| 6,141
| 5,407
| 14%
|
Income for the period, SEK M
|
|
| 4,215
| 3,756
| 12%
|
Diluted earnings per share, SEK
|
|
| 2.07
| 1.85
|
|
Return on shareholders' equity, %
|
|
| 19.2
| 18.6
|
|
Find the full report under Interim reports
April 25, 2008
Contacts Investor Relations:
Christer Johansson, +46 31 66 13 34
Patrik Stenberg, +46 31 66 13 36
Anders Christensson, +46 31 66 11 91
John Hartwell, +1 212 418 7432