Volvo Car AB (publ.)

Stockholm Stock Exchange VOLCAR-B.ST

Volvo Car AB (publ.) Gross Profit Margin for the year ending December 31, 2023: 19.39%

Volvo Car AB (publ.) Gross Profit Margin is 19.39% for the year ending December 31, 2023, a 6.10% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Volvo Car AB (publ.) Gross Profit Margin for the year ending December 31, 2022 was 18.27%, a -14.68% change year over year.
Volvo Car AB (publ.) Gross Profit Margin for the year ending December 31, 2021 was 21.42%, a 22.33% change year over year.
Volvo Car AB (publ.) Gross Profit Margin for the year ending December 31, 2020 was 17.51%, a -7.82% change year over year.
Volvo Car AB (publ.) Gross Profit Margin for the year ending December 31, 2019 was 19.00%, a -2.71% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

Stockholm Stock Exchange: VOLCAR-B.ST

Volvo Car AB (publ.)

CEO	Mr. James Rowan
IPO Date	Oct. 29, 2021
Location	Sweden
Headquarters	KarossvAegen 2
Employees	42,600
Sector	Consumer Discretionary
Industries Automobiles & Vehicles Automotive Parts Electric Vehicles (EVs)

Description

Volvo Car AB (publ.) designs, develops, manufactures, markets, assembles, and sells passenger cars in Europe, China, the United States, and internationally. The company offers sedans and SUV vehicles under the Volvo brand; and electric cars under the Volvo and Polestar brands. It also provides vehicle parts and accessories, as well as sells online. The company was founded in 1927 and is headquartered in Gothenburg, Sweden. Volvo Car AB (publ.) is a subsidiary of Geely Sweden Holdings AB.

Key trends

Past 5 years