AB Volvo (publ) (VLVLY)

OTCMKTS · Delayed Price · Currency is USD
27.33
+0.25 (0.92%)
May 9, 2025, 2:40 PM EDT
7.85%
Market Cap 55.21B
Revenue (ttm) 51.55B
Net Income (ttm) 4.60B
Shares Out n/a
EPS (ttm) 2.26
PE Ratio 12.00
Forward PE n/a
Dividend 1.50 (5.53%)
Ex-Dividend Date Apr 4, 2025
Volume 3,960
Average Volume 98,508
Open 27.28
Previous Close 27.08
Day's Range 27.20 - 27.33
52-Week Range 22.55 - 33.33
Beta 0.93
RSI 50.45
Earnings Date Apr 23, 2025

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 94,007
Stock Exchange OTCMKTS
Ticker Symbol VLVLY
Full Company Profile

Financial Performance

In 2024, AB Volvo's revenue was 526.82 billion, a decrease of -4.61% compared to the previous year's 552.25 billion. Earnings were 50.39 billion, an increase of 1.13%.

Financial numbers in SEK Financial Statements

News

Volvo to slash 5% of staff at South Carolina plant as Trump's tariffs fuel uncertainty

About 125 of the Charleston plant's 2,500 employees will be impacted, according to a spokesperson.

2 days ago - New York Post

Volvo Cars recalls over 400,000 US vehicles over rearview camera issue, NHTSA says

Swedish automaker Volvo Cars is recalling 413,151 vehicles in the United States over an issue with the rearview camera, the U.S. National Highway Traffic Safety Administration (NHTSA) said.

2 days ago - Reuters

Volvo Cars to cut 5% of workforce at South Carolina plant in the US

Volvo Cars said on Wednesday it would cut 5% of the workforce at its Charleston plant in South Carolina in the United States due to changing market conditions and trade policies, including tariffs.

2 days ago - Reuters

Volvo Cars' battery company Novo Energy to cut workforce by 50%

Volvo Cars' Novo Energy said on Monday it will cut its workforce by 50% to reduce costs after an evaluation of its business following the bankruptcy of Sweden's Northvolt, which originally co-owned th...

4 days ago - Reuters

Volvo Cars sales fall 11% in April

Volvo Cars sold 58,881 cars in April, down 11% from a year earlier, the Sweden-based company said on Monday.

4 days ago - Reuters

Automakers suspend financial guidance amid tariff uncertainty

Stellantis, Mercedes-Benz, and Volkswagen join GM and Volvo, who suspended guidance earlier this week.

9 days ago - Al Jazeera

New number of votes in AB Volvo

GOTHENBURG, Sweden , April 30, 2025 /PRNewswire/ -- The number of votes in AB Volvo has changed due to the conversion of a total of 12,864 Series A shares to a total of 12,864 Series B shares. The con...

9 days ago - PRNewsWire

Troubled by Trump's tariffs, Volvo Cars' new CEO turns to Chinese owner Geely

Under pressure from U.S. President Donald Trump's tariffs, Volvo Cars' new CEO Hakan Samuelsson is juggling the task of working with Chinese majority owner Geely [RIC:RIC:GEELY.UL] to cut costs with a...

9 days ago - Reuters

Trump eases tariffs on carmakers as commerce secretary hails first foreign trade deal

Autos Drive America, a group representing among others Volkswagen, BMW, Mercedes-Benz and Volvo said Trump's order provided some relief "but more must be done."

9 days ago - EURACTIV.com

Luxury European carmakers warn that higher prices are coming if Trump doesn't back off tariffs

European luxury brands Porsche and Volvo issued new tariff warnings on Tuesday as they reported collapsing profits.

10 days ago - Business Insider

Volvo Car Pulls Guidance, Launches Plan to Soften Tariff Blow

The company launched a plan that aims to deliver 18 billion Swedish kronor in cost and cash savings to protect profitability.

10 days ago - WSJ

Samvardhana Motherson shares in focus as key clients Volvo and Porsche revise outlook

Shares of Samvardhana Motherson International Ltd (SMIL) remained in focus on April 29, 2025, after global automotive giants Volvo and Porsche announced revisions to their business outlooks, raising c...

10 days ago - Business Upturn

Volvo Car AB (publ.) reports Q1 results

10 days ago - Seeking Alpha

Volvo Cars launches $1.9 billion cost-cutting drive, scraps financial guidance as earnings fall

Volvo Group said its so-called "cost and cash action plan" would include reductions in investments and redundancies at its operations across the globe.

10 days ago - CNBC

Volvo Cars reports Q1 2025 results, launches SEK 18 billion cost and cash action plan

GOTHENBURG, Sweden , April 29, 2025 /PRNewswire/ -- Q1 revenue was SEK 82.9 bn (SEK 93.9 bn in Q1 2024) Q1 operating income (excl. JVs and associates) was SEK 1.9 bn (SEK 6.8 bn in Q1 2024) Q1 operati...

10 days ago - PRNewsWire

Trump tariffs force Volvo Cars to drop guidance, launch cost cuts

Volvo Cars announced 18 billion Swedish crowns ($1.87 billion) in cost cuts and a restructuring of its U.S. operations on Tuesday and withdrew its earnings forecast for the next two years, sending sha...

10 days ago - Reuters

CM visits Volvo facility, invites Sweden firm set up plant in J’khand

Jharkhand chief minister Hemant Soren, who is touring Europe with a high-level delegation of the state govt, was in Sweden and visited the Volvo autom.

13 days ago - The Times of India

Volvo Cars appoints Fredrik Hansson new CFO

Sweden-based Volvo Cars said on Thursday it had appointed Fredrik Hansson as new chief financial officer (CFO).

15 days ago - Reuters

Volvo Group posts lower sales and declining profits as tariff uncertainty hits

The Swedish truck maker’s first-quarter earnings declined sharply due to its sales falling in all regions and in almost all segments, as increased uncertainty surrounding tariffs and their effect on g...

16 days ago - Euronews

Volvo Group Reports Decline in Q1 Profit, Lowers 2025 North American Truck Market Outlook

Volvo Group Reports Decline in Q1 Profit, Lowers 2025 North American Truck Market Outlook

16 days ago - GuruFocus

Volvo Profit Slumps on Lower Sales, Deliveries as Tariff Uncertainty Mounts

The truck maker's earnings fell sharply, missing analysts' expectations, as sales declined 7% and deliveries fell 12% amid increasing uncertainty about U.S. tariffs.

16 days ago - WSJ