• Net sales increased 13% to SEK 80.4 billion (71.4) in the second quarter
• Operating income rose 17% to SEK 7,186 M (6,119)
• Basic and diluted earnings per share rose by 28% to SEK 2.53 (1.98)
• Operating cash flow in Industrial operations amounted to SEK 4.9 billion (6.1)
Volvo Group |
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| Second quarter | First six months | |||
| 2008 | 2007 | 2008 | 2007 | Change, % |
Net sales Volvo Group, SEK M | 80,426 | 71,446 | 157,109 | 132,482 | 19 |
Operating income Volvo Group, SEK M | 7,186 | 6,119 | 13,673 | 11,447 | 19 |
Operating income Industrial operations, SEK M | 6,799 | 5,698 | 12,905 | 10,631 | 21 |
Operating income Customer Finance, SEK M | 387 | 421 | 768 | 816 | (6) |
Operating margin Volvo Group, % | 8.9 | 8.6 | 8.7 | 8.6 | 1 |
Income after financial items, SEK M | 7,481 | 5,970 | 13,622 | 11,377 | 20 |
Income for the period, SEK M | 5,149 | 4,030 | 9,364 | 7,786 | 20 |
Diluted earnings per share, SEK | 2.53 | 1.98 | 4.60 | 3.83 |
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Return on shareholders' equity, % |
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| 20.5 | 17.9 |
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Find the full report under Interim reports
July 23, 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