Le Lézard
Classified in: Tourism and vacations, Ebola virus, Transportation
Subjects: SLS, ACC

Volvo Group - The Second Quarter 2018


GÖTEBORG, Sweden, July 19, 2018 /PRNewswire/ -- "Demand in our main markets was solid in the second quarter of 2018, and both our vehicle and service business continued to grow at a good pace. Our net sales increased by 18% to SEK 104 billion, we improved the adjusted operating income by SEK 3 billion to SEK 11.5 billion and we reached an adjusted operating margin of 11.1% (9.6). This is the first time that the Volvo Group's sales have exceeded SEK 100 billion in a single quarter and it is also the first time the operating margin is above 10%," says Martin Lundstedt, President and CEO.

Press and Analyst Conference. An on-line presentation of the report, followed by a question-and-answer session will be webcast starting at 09.00 CET. More information under Investors on www.volvogroup.com  

This information is information that AB Volvo (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 7.20 CEST on July 19, 2018.

For more information, please visit volvogroup.com/press 

The Volvo Group is one of the world's leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. The Volvo Group, which employs almost 100,000 people, has production facilities in 18 countries and sells its products in more than 190 markets. In 2017 the Volvo Group's sales amounted to about SEK 335 billion (EUR 35 billion). The Volvo Group is a publicly-held company headquartered in Göteborg, Sweden. Volvo shares are listed on Nasdaq Stockholm.

CONTACT:

Aktiebolaget Volvo (publ) 556012-5790  
Investor Relations, VHQ  
SE-405 08 Göteborg, Sweden
Tel +46-31-66-00-00
www.volvogroup.com  

Contact Media Relations: 
Joakim Kenndal +46-739-02-43-80

Contacts Investor Relations:
Christer Johansson +46-31-66-13-34
Johan Bartler +46-739-02-21-93
Anders Christensson +46-31-66-11-91

This information was brought to you by Cision http://news.cision.com

http://news.cision.com/ab-volvo/r/volvo-group--the-second-quarter-2018,c2578080

The following files are available for download:

http://mb.cision.com/Main/39/2578080/880618.pdf

Volvo Q2 2018 (PDF)

http://mb.cision.com/Public/39/2578080/a106971a22bcea4e.pdf

Press release (PDF)

http://news.cision.com/ab-volvo/i/1860x1050-interim-report-2018-q2,c2455511

1860x1050-interim-report-2018-q2

 

SOURCE AB Volvo


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