AB Volvo (publ) (VLVLY)

OTCMKTS · Delayed Price · Currency is USD
25.80
-0.17 (-0.65%)
Oct 31, 2024, 10:17 AM EDT
31.03%
Market Cap 52.75B
Revenue (ttm) 52.94B
Net Income (ttm) 5.10B
Shares Out n/a
EPS (ttm) 2.51
PE Ratio n/a
Forward PE n/a
Dividend 1.38 (5.30%)
Ex-Dividend Date Apr 1, 2024
Volume 100
Open 25.80
Previous Close 25.97
Day's Range 25.80 - 25.80
52-Week Range 19.84 - 30.14
Beta 1.00
Analysts n/a
Price Target n/a
Earnings Date Oct 18, 2024

About AB Volvo

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania. The company provides heavy-duty trucks for long-haulage and construction work and light-duty trucks for distribution purposes under the Volvo, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and chassis under the Prevost and Volvo Bus brands. It offers road construction machine, haulers, wheel load... [Read more]

Sector Industrials
Founded 1915
Employees 93,799
Stock Exchange OTCMKTS
Ticker Symbol VLVLY
Full Company Profile

Financial Performance

In 2023, AB Volvo's revenue was 552.76 billion, an increase of 16.75% compared to the previous year's 473.48 billion. Earnings were 49.83 billion, an increase of 52.27%.

Financial numbers in SEK Financial Statements

News

Volvo and Polestar EVs Get Tesla Supercharger Access Next Month

The Swedish premium automakers will begin offering NACS adapters for their 2025 model year electric SUVs starting on Nov. 18.

1 day ago - CNET

Volvo and Polestar EVs Get Tesla Supercharger Access Next Month

The Swedish premium automakers will begin offering NACS adapters for their 2025 model year electric SUVs starting on Nov. 18.

1 day ago - CNET

Volvo Cars says to acquire Northvolt's shares in battery JV

Volvo Cars said on Wednesday it will invoke its right to acquire Northvolt's shares in their battery joint venture, NOVO Energy, after Northvolt failed to meet its financing obligations.

1 day ago - Reuters

Volvo Group and Daimler Truck sign binding agreement for joint venture to develop software-defined vehicle platform

Volvo Group and Daimler Truck have signed a binding agreement to establish a new 50/50 joint venture to develop a software-defined vehicle platform for heavy duty vehicles and drive the industry trans...

3 days ago - PRNewsWire

Punjab roadways Volvo bus on route to Delhi airport crash in Kurukshetra, two passengers injured

A Punjab roadways Volvo bus en route to Delhi airport collided with a truck in Kurukshetra's Shahabad area around 4:45 am, injuring four, including the driver and conductor. Severely hurt, the driver ...

4 days ago - The Times of India

Electric buses set to replace Volvo vehicles on Bengaluru airport routes

Bengaluru's BMTC is set to roll out 320 new AC electric buses on airport routes, phasing out existing Volvo services to enhance passenger experience. The shift aims to optimize vehicle usage and promo...

5 days ago - The Times of India

Volvo Cars slashes outlook citing ‘increasingly volatile environment'

Volvo Cars CEO Jim Rowan said the company is facing slower demand in Europe, the U.S. and China.

8 days ago - Market Watch

You won't believe how far Volvo's new electric semitruck goes on a single charge

Volvo has developed an electric semitruck with a range of 373 miles in a single charge that it plans to release in the second half of 2025.

8 days ago - Fox News

Volvo Lowers Revenue Forecast Amidst Weak Auto Demand

Volvo Lowers Revenue Forecast Amidst Weak Auto Demand

8 days ago - GuruFocus

Volvo Car AB (publ.) reports Q3 results

8 days ago - Seeking Alpha

Volvo Car Walks Back Retail Sales Target on Weaker Demand

Volvo Car AB cut its expectations for sales growth for this year due to an accelerating weakness in the automotive market.

8 days ago - BNN Bloomberg

Volvo Cars reports Q3 2024 core operating profit of SEK 5.7 billion

Q3 operating profit (excl. JVs and associates) was SEK 5.7 bn, vs SEK 6.1 bn in Q3 2023 Q3 operating profit was 5.8 bn SEK, vs SEK 4.5 bn in Q3 2023 Q3 EBIT margin (excl.

8 days ago - PRNewsWire

Volvo Cars cuts full-year growth outlook on EV slowdown

Sweden-based Volvo Cars reported a rise in third-quarter operating profit on Wednesday but cut its full-year sales growth forecast amid accelerating market weakness.

8 days ago - Reuters

AB Volvo (publ) (VLVLY) Q3 2024 Trading Update Conference Call (Transcript)

AB Volvo (publ) (OTCPK:VLVLY) Q3 2024 Trading Update Conference Call October 18, 2024 3:00 AM ETCompany ParticipantsJohan Bartler - Head of IRMartin...

13 days ago - Seeking Alpha

Volvo's Q3 earnings fall short: stagnant demand raises alarm for future growth

Swedish truck manufacturer AB Volvo (VOLVb.ST) has reported a larger-than-anticipated decline in quarterly adjusted earnings and is predicting stagnant demand for the coming year, reflecting a notable...

13 days ago - Invezz

Volvo's earnings slip as freight and construction activity slows

The Swedish manufacturer saw a drop in vehicle sales and is predicting little growth for 2025.

13 days ago - Euronews

AB Volvo (publ) reports Q3 results

13 days ago - Seeking Alpha

Volvo Reports Larger-Than-Expected Drop in Q3 Operating Profit Amid Market Caution

Volvo Reports Larger-Than-Expected Drop in Q3 Operating Profit Amid Market Caution

13 days ago - GuruFocus

Volvo Group - the third quarter 2024

GOTHENBURG, Sweden , Oct. 18, 2024 /PRNewswire/ -- "In Q3 2024, demand continued to normalize on most of the Volvo Group's markets. We are seeing that freight and construction activity has come down i...

13 days ago - PRNewsWire

Truck maker Volvo's Q3 adjusted profit falls more than expected

Swedish truck maker AB Volvo reported on Friday a bigger drop than expected in third-quarter adjusted operating profit and said demand continued to normalise in most of its

13 days ago - Reuters

The Rise of Chinese Brands in Europe

In 2023, mainland China emerged as the largest car-exporting country globally, with the European Union becoming a significant destination for many Chinese electric vehicle (EV) exports. Interestingly,...

20 days ago - S&P Global Platts

Sweden's Volvo says deputy CEO to step down in management reshuffle as EV demand slows

It comes shortly after Volvo Cars abandoned its near-term goal of selling only electric vehicles, citing a need to be "pragmatic and flexible."

22 days ago - CNBC