GÖTEBORG,
- In Q1 2022, net sales increased by 12% to
SEK 105.3 billion (94.0). Adjusted for currency movements and the divestment ofUD Trucks , the increase was 11%. - Adjusted operating income amounted to
SEK 12,681 M (11,821), corresponding to an adjusted operating margin of 12.0% (12.6). - Reported operating income amounted to
SEK 8,556 M (12,067), including a negative effect from provisioning of assets related toRussia in an amount ofSEK 4,125 M. - Currency movements had a positive impact on operating income of
SEK 1,267 M. - Earnings per share amounted to
SEK 3.46 (4.35). - Operating cash flow in the Industrial Operations amounted to
SEK -5,400 M (5,665). - Return on capital employed in Industrial Operations of 25.3% (17.1).
Press and Analyst Conference Call. An on-line presentation of the report, followed by a question and answer session will be webcast starting at
More information, including an interview with CEO
This information is information that
Investor Relations
SE-405 08 Göteborg,
Tel +46 31 66 00 00
www.volvogroup.com
Contact Media Relations:
Contacts Investor Relations:
For more information, please visit volvogroup.com
For frequent updates, follow us on Twitter: @volvogroup
The
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/ab-volvo/r/volvo-group---the-first-quarter-2022,c3550745
The following files are available for download:
volvo-q1-2022-eng |
|
https://mb.cision.com/Public/39/3550745/92ccc27f402d871f.pdf |
220422-ab-volvo-the-first-quarter-2022-en |
volvo-fh |
View original content:https://www.prnewswire.com/news-releases/volvo-group--the-first-quarter-2022-301530788.html
SOURCE