Volvo AB (VLVLY)
| Market Cap | 54.00B |
| Revenue (ttm) | 51.56B |
| Net Income (ttm) | 4.76B |
| Shares Out | 2.04B |
| EPS (ttm) | 2.34 |
| PE Ratio | 11.32 |
| Forward PE | 1.16 |
| Dividend | $1.72 (6.51%) |
| Ex-Dividend Date | Apr 1, 2024 |
| Volume | 30,489 |
| Open | 26.25 |
| Previous Close | 26.40 |
| Day's Range | 26.24 - 26.55 |
| 52-Week Range | 18.27 - 30.14 |
| Beta | 1.07 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jul 19, 2023 |
About VLVLY
AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania. The company provides heavy-duty trucks for long-haulage and construction work and light-duty trucks for distribution purposes under the Volvo, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and chassis under the Prevost and Volvo Bus brands. It offers road construction machine, haulers, wheel load... [Read more]
Financial Performance
In 2023, Volvo AB's revenue was 552.76 billion, an increase of 16.75% compared to the previous year's 473.48 billion. Earnings were 49.83 billion, an increase of 52.27%.
Financial numbers in SEK Financial StatementsNews
Daimler Truck and Volvo Group to form JV for heavy-duty vehicle platform
Daimler Truck and Volvo Group announced on Friday that they will form a joint venture to develop a software-defined heavy-duty vehicle platform. The venture aims to leverage the strengths of both comp...
Daimler Truck and Volvo intend to form software joint venture
German truck maker Daimler Truck and Sweden's Volvo intend to form a joint venture to develop a software-defined vehicle platform and dedicated truck operating system, the two companies said on Friday...
Volvo Group and Daimler Truck intend to form a joint venture for a software-defined vehicle platform to amplify digital transformation
Volvo Group and Daimler Truck share the ambition to lead transformation to software-defined heavy-duty commercial vehicles to enhance customer efficiency and experience. Both companies intend to creat...
4 Gen Logistics Advances Sustainable Goods Movement with 41 Volvo VNR Electric Trucks
Long Beach, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- Volvo Trucks North America customer 4 Gen Logistics, a family-owned drayage company in Southern California, has deployed 41 Volvo VNR Electric truc...
Volvo Cars April sales rise 27% year-on-year
Volvo Cars' sales rose 27% in April from a year earlier to 65,838 cars, the Sweden-based group said in a statement on Monday.
New number of votes in AB Volvo
GOTHENBURG, Sweden , April 30, 2024 /PRNewswire/ -- The number of votes in AB Volvo has changed due to the conversion of a total of 100 Series A shares to a total of 100 Series B shares. The conversio...
Volvo Trucks North America Continues ‘Toward Zero' by Fueling All New Trucks with HVO at the New River Valley Plant
Greensboro, N.C., April 24, 2024 (GLOBE NEWSWIRE) -- Volvo Trucks North America has announced a significant advancement in its sustainability efforts by fueling newly assembled trucks with Hydrotreate...
Insight: How Volvo landed a cheap Chinese EV on U.S. shores in a trade war
A made-in-China electric vehicle will hit U.S. dealers this summer offering power and efficiency similar to the Tesla Model Y, the world's best-selling EV, but for about $8,000 less.
Volvo Cars core operating profits rise in first quarter on higher retail sales
Swedish automaker Volvo Cars on Wednesday reported an uptick in first-quarter core operating profits driven by strong retail sales.
Volvo Cars reports 8 per cent increase in Q1 2024 core operating profit to SEK 6.8 billion
Q1 revenue was SEK 93.9 bn (SEK 95.7 bn in Q1 2023) Q1 operating income (excl. JVs and associates) was SEK 6.8 bn (SEK 6.3 bn in Q1 2023) Q1 EBIT margin (excl.
Volvo Cars Q1 adjusted operating earnings rise as costs ease
Swedish automaker Volvo Cars reported a rise in first-quarter adjusted operating earnings on Wednesday, helped by lower material costs and higher volumes.
Volvo Profits Top Hopes Despite Easing Demand
Volvo posted forecast-beating first-quarter earnings after price increases continued to feed through, helping offset normalizing truck orders and generally declining demand for construction equipment.
Volvo Group - the first quarter 2024
GOTHENBURG, Sweden , April 17, 2024 /PRNewswire/ -- "During Q1 2024, demand continued to normalize at good levels across many of the Volvo Group's markets. Adjusted for currency, net sales were on the...
UAW 'extremely disappointed' with Volvo's Mexico plant decision
The United Auto Workers (UAW) said on Friday it is "extremely disappointed" with truck maker Volvo Group's decision to set up a new truck plant in Mexico, which the company said would help supplement ...
Volvo Group to Increase North American Heavy Truck Production Capacity
GOTHENBURG, Sweden , April 11, 2024 /PRNewswire/ -- The Volvo Group today announced that it will build a new heavy-duty truck manufacturing plant in Mexico to supplement the Group's U.S. production. T...
Truck maker Volvo to build new plant in Mexico
Swedish truck maker AB Volvo said on Thursday it would build a new heavy-duty truck manufacturing plant in Mexico to supplement the group's U.S. production.
Volvo Cars up 6% to November highs on record sales month
Shares in the Swedish automaker hit their highest level since November on record March sales.
Volvo Cars March sales rise 25% year-on-year
Volvo Cars' sales rose 25% in March from a year earlier to 78,970 cars, reaching an all-time high for global sales in a single month, the Sweden-based group said in a statement on Thursday.
Invitation to the Volvo Group report on the first quarter 2024
GOTHENBURG, Sweden , April 3, 2024 /PRNewswire/ -- The Volvo Group report for the first quarter 2024 will be published on April 17, at 7.20 a.m. CEST. There will be a conference call for press and ana...
CMA CGM acquires 10% in stake in Volvo-Renault EV joint venture, Renault says
French car manufacturer Renault on Wednesday announced that shipping group CMA CGM officially joined Flexis, its partnership with Volvo Group on electric vans.
Renault Group: CMA CGM Group joins Renault Group and Volvo Group as founding member of Flexis SAS, a joint venture for the revolutionary generation of electric vans
CMA CGM Group joins Renault Group and Volvo Group as founding member of Flexis SAS, a joint venture for the revolutionary generation of electric vans
Annual General Meeting of AB Volvo
AB Volvo held its Annual General Meeting on March 27, 2024. The Meeting was held at Konserthuset in Göteborg, Sweden, with the option for shareholders to exercise their voting rights by advance voting...
Volvo Group and Renault Group complete creation of a joint venture for an all-new generation of electric vans: Flexis SAS
GOTHENBURG, Sweden , March 22, 2024 /PRNewswire/ -- Following the binding joint venture agreements signed on October 6 th, 2023, Volvo Group and Renault Group have obtained all the required regulatory...
Renault Group and Volvo Group complete creation of Flexis SAS, joint venture for the revolutionary generation of electric vans
20240322_Renault Group_Press Release_ Completion of Flexis SAS JV creation
Renault expects closing of electric vans JV with Volvo and CMA CGM by early April
Renault expects the closing of its joint venture in electric vans with Volvo and French shipping group CMA CGM to happen by the beginning of April, a spokeswoman told Reuters on Wednesday.