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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Volvo (AB) 'a' | LSE:VOLA | London | Ordinary Share | SE0000115420 | 'A' SEK6 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
GOTHENBURG, Sweden, Jan. 26, 2023 /PRNewswire/ -- "In 2022, the Volvo Group delivered strong growth as well as good profitability and cash flow. For the full year, we increased net sales by over SEK 100 billion to SEK 473 billion and the adjusted operating income to SEK 50.5 billion (41.0). The adjusted operating margin amounted to 10.7% (11.0). We generated a strong operating cash flow of SEK 35.3 billion (29.4) and ended the year with a net cash position of SEK 73.9 billion in the Industrial Operations, pension and lease liabilities excluded. Our strong finances mean that we can continue to provide a good return to our shareholders and at the same time invest in the transformation of our industries. The Board of Directors proposes an ordinary dividend of SEK 7.00 per share and an extra dividend of SEK 7.00 per share," says Martin Lundstedt, President and CEO.
THE FOURTH QUARTER 2022
THE FULL YEAR 2022
Press and Analyst Conference Call. An online presentation of the report, followed by a question and answer session will be webcasted, starting at 09.00 CET.
More information, including an interview with CEO Martin Lundstedt, is available on www.volvogroup.com/en/investors.html
January 26, 2023
Aktiebolaget Volvo (publ) 556012-5790
Investor Relations
SE-405 08 Göteborg, Sweden
Tel +46 31 66 00 00
www.volvogroup.com
Contact Media Relations:
Claes Eliasson +46 765 53 72 29
Contacts Investor Relations:
Christer Johansson +46 739 02 25 22
Johan Bartler +46 739 02 21 93
Anders Christensson +46 765 53 59 66
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 07.20 CET on January 26, 2023.
For more information, please visit volvogroup.com
For frequent updates, follow us on Twitter: @volvogroup
The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers' uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs almost 95,000 people and serves customers in more than 190 markets. In 2021, net sales amounted to SEK 372 billion (EUR)
The following files are available for download:
https://mb.cision.com/Main/39/3703499/1805260.pdf | volvo-group-report-on-the-fourth-quarter-and-full-year-2022-en |
https://news.cision.com/ab-volvo/i/1860x1050-q4-report-2022,c3137618 | 1860x1050-q4-report-2022 |
https://mb.cision.com/Public/39/3703499/a11b3ab890cb1a0d.pdf | 230126-volvo-group-press-release-the-fourth-quarter-and-full-year-2022-en |
View original content:https://www.prnewswire.com/news-releases/volvo-group--the-fourth-quarter-and-full-year-2022-301731253.html
SOURCE AB Volvo
Copyright 2023 PR Newswire
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