Volvo AB
VOLV A
ISIN SE0000115420 / Valor 613302
Volvo AB
UMushroom community rating:
About company
Volvo AB is a global company that sells a wide range of products under various brands, including Volvo, Volvo Penta, Renault Trucks, Mack, and others. The company operates in almost 190 markets worldwide and offers trucks, buses, construction equipment, power solutions, financing, and services to increase customer productivity. With a commitment to sustainable transport and infrastructure solutions, Volvo AB aims to drive prosperity through its diverse range of offerings. Founded in 1927 and headquartered in Gothenburg, Sweden, Volvo AB employs over 100,000 people and generated net sales of SEK 553 billion (EUR 48 billion) in 2023. The company's shares are listed on Nasdaq Stockholm.
Summarized from source with an LLMView SourceSector: Consumer CyclicalsLatest Results (06.08.2024):
Net Sales
In the second quarter of 2024, Volvo AB reported net sales amounting to SEK 140.2 billion, which was nearly the same as the SEK 140.7 billion recorded in the same quarter of the previous year. Adjusted for currency movements, net sales remained flat.
Adjusted Operating Income
Volvo AB's adjusted operating income for Q2 2024 was SEK 19.4 billion, down from SEK 21.9 billion in Q2 2023. This resulted in an adjusted operating margin of 13.9%, compared to 15.4% in the previous year.
Earnings Per Share
For the second quarter of 2024, Volvo AB's earnings per share increased to SEK 7.65, up from SEK 5.30 in Q2 2023. This reflects a significant improvement in profitability per share.
Operating Cash Flow
Volvo AB's operating cash flow in the Industrial Operations segment amounted to SEK 9.1 billion in Q2 2024, compared to SEK 12.6 billion in the same quarter of the previous year. This indicates a decrease in cash flow from industrial operations.
Return on Capital Employed
In Q2 2024, Volvo AB achieved a return on capital employed in the Industrial Operations segment of 41.3%, a notable increase from 30.2% in Q2 2023. This demonstrates improved efficiency in utilizing capital within the industrial operations.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
11554 M
Market cap (USD)
99,560
Daily traded volume (Shares)
288 / 284.4
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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