Pressmeddelande
Volvo - Six months ended June 30, 2005
2005-07-25
Volvo - Six months ended June 30, 2005 * Net sales in the second quarter 2005 increased by 15% to SEK 61,119 M (53,321) * Income for the period increased by 40% to SEK 3 930 M (2,809) in the second quarter * Income per share for the second quarter increased by 45% to SEK 9.67 (6.65) * The Group's operating margin rose to 8.8% (7.6) * The operating cash flow amounted to SEK 3.0 bn (5.3), after a transfer to pension plans of SEK 1.9 bn * Strongest quarter ever for the Volvo Group Second quarter First six months 2005 2004 2005 2004 Net sales, SEK M 61,119 53,321 113,372 99,170 Operating income, SEK M 1) 5,350 3,906 9,886 6,262 Revaluation of shares - 123 - 820 Operating income, SEK M 5,350 4,029 9,886 7,082 Income after financial items, SEK M 5,253 3,909 9,856 6,916 Income for the period, SEK M 3,930 2,809 7,178 5,236 Income per share, SEK 1) 9.67 6.36 17.60 10.44 Income per share, SEK 9.67 6.65 17.60 12.40 Return on shareholders' equity during most recent 12 month period, % 16.8 4.5 1) Excluding revaluation of shares in Scania AB and Henlys Group. For further information please contact Investor Relations: Fredrik Brunell +46 31 66 11 91 Christer Johansson +46 31 66 13 34 John Hartwell +1 212 418 7432