Volvo Q2 2022 net sales increased 31% year on year to SEK 118.9billion from SEK90.6 billion a year ago. Adjusted for currency movements the increase was 20%.

Adjusted operating income was SEK13,745m (SEK9,730m), corresponding to an adjusted operating margin of 11.6% (10.7%).

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Operating income was SEK13,745m versus SEK11,384m. Currency movements had a positive impact of SEK2,769m.

Earnings per share was SEK5.14 (SEK4.38).

Return on capital was 26.8% (23.4%).

See Also:

“[We] continuedto perform well in Q2 2022 with strong growth and improved profitability,” said president and CEO Martin Lundstedt.

“We have had extra costs related to supply chain disruptions as well as higher costs for material and have continued to work proactively and successfully with price management to mitigate these effects.”