AB Volvo (publ)

Stockholm Stock Exchange:VOLV-B.ST

Sector

🛍 Consumer Discretionary

Industries

🚗 Automobiles & Vehicles

🚗 Automotive Parts

🚗 Electric Vehicles (EVs)

🚚 Trucking & Road Freight

Location

Sweden

Market Cap

USD 55.85 B

Share Price

USD 27.13

Avg Daily Volume

4,399,583

Change (1 day)

-0.75%

Change (1 year)

6.91%

Change (YTD)

11.86%

AB Volvo (publ) Operating Income for the year ending December 31, 2024: USD 5.99 B

AB Volvo (publ) Operating Income is USD 5.99 B for the year ending December 31, 2024, a -9.75% change year over year. Operating income is the profit earned by a company from its normal business operations before interest and taxes are deducted.

AB Volvo (publ) Operating Income for the year ending December 31, 2023 was USD 6.64 B, a 52.16% change year over year.
AB Volvo (publ) Operating Income for the year ending December 31, 2022 was USD 4.37 B, a -7.95% change year over year.
AB Volvo (publ) Operating Income for the year ending December 31, 2021 was USD 4.74 B, a 42.37% change year over year.
AB Volvo (publ) Operating Income for the year ending December 31, 2020 was USD 3.33 B, a -36.79% change year over year.

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Key data

Date	Operating Income	EBIT	EBITDA	Net Income

Stockholm Stock Exchange: VOLV-B.ST

AB Volvo (publ)

CEO	Mr. Martin Lundstedt M.Sc.
IPO Date	Jan. 3, 2000
Location	Sweden
Headquarters	GropegArdsgatan 2
Employees	91,154
Sector	🛍 Consumer Discretionary
Industries Automobiles & Vehicles 🚗 Automotive Parts 🚗 Electric Vehicles (EVs) 🚚 Trucking & Road Freight

Description

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania. The company offers trucks for long-haulage, construction, mining, and distribution purposes under the Volvo, UD Trucks, Renault Trucks, Mack, Eicher, Arquus, cellcentric, and Dongfeng Trucks brands; and city and intercity buses, coaches, and bus chassis, as well as associated transport systems under the Prevost and Nova Bus brands. It also provides construction equipment, including excavators, articulated and rigid haulers, wheel loaders, road construction machines, pavers, and compactors under the brand names of Volvo, and SDLG Trucks. In addition, the company offers engines and power solutions for leisure and commercial vessels, as well as for power generation, industrial, and off-road applications under the Volvo Penta brand name. Further, it provides financing, insurance, rental, spare parts, repair, preventive maintenance, service agreement, and assistance services. The company offers its products and services through a network of dealerships and workshops. It has a strategic alliance with Isuzu Motors within commercial vehicles; a partnership with Samsung SDI Co to develop battery packs for its trucks; and an agreement with NVIDIA and Aurora to develop autonomous trucks. AB Volvo (publ) was incorporated in 1915 and is headquartered in Gothenburg, Sweden.