AB Volvo (publ) (STO: VOLV.A)

Sweden flag Sweden · Delayed Price · Currency is SEK
276.20
+3.20 (1.17%)
Aug 30, 2024, 5:29 PM CET
22.97%
Market Cap 555.92B
Revenue (ttm) 552.20B
Net Income (ttm) 55.78B
Shares Out n/a
EPS (ttm) 27.42
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date Mar 28, 2024
Volume 274,547
Open 275.00
Previous Close 273.00
Day's Range 274.80 - 277.60
52-Week Range 217.40 - 323.60
Beta 1.01
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 Nasdaq Stockholm
Ticker Symbol VOLV.A
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 Statements

News

Professor Johan Woxenius and Lund University awarded the Volvo scholarship Håkan Frisinger Prize

GOTHENBURG, Sweden , Aug. 30, 2024 /PRNewswire/ -- The Håkan Frisinger Foundation for Transportation Research has appointed Professor Johan Woxenius at the University of Gothenburg as this year's scho...

1 day ago - PRNewsWire

Polestar is getting a new CEO amid EV sales slump

Just weeks ago, during an interview with TechCrunch, Thomas Ingenlath laid out his plan to turn Polestar into a self-sustaining company. Now, he’s out. Polestar said Tuesday Ingenlath has resigned as ...

3 days ago - TechCrunch

Baidyanath strikes a deal with Volvo to promote LNG trucks

Baidyanath LNG Private Limited partners with Volvo-Eicher Commercial Vehicles Private Limited to promote LNG-powered trucks and opens new LNG filling station in Nagpur. Union Minister Nitin Gadkari ad...

5 days ago - The Times of India

This EV Model Is Selling Faster Than Any Other on the Market

24/7 Insights The fastest-selling electric vehicles are a mix of budget and luxury models. Hyundai, Volvo, and BMW have multiple vehicles on this list. Only one of the vehicles is eligible for the fed...

8 days ago - 24/7 Wall street

Volvo picks Monterrey for $700 mln Mexico truck plant

Sweden's AB Volvo has picked Monterrey in northern Mexico as the site for its new North American heavy-duty truck factory and expects construction to cost $700 million, it said on Friday.

8 days ago - Reuters

Volvo wins order for 300 electric trucks from DSV

Sweden's AB Volvo said on Thursday it had received an order for 300 electric trucks from Danish logistics firm DSV.

9 days ago - Reuters

Waymo’s Chinese-made robotaxis face new headwinds thanks to Biden’s tariffs

Image: Abigail Bassett for The Verge Waymo’s plans to expand its robotaxi fleet are facing new roadblocks thanks to the Biden administration’s trade policies. The Alphabet-owned company had planned to...

19 days ago - The Verge

Tesla Adds Japanese Automaker Nissan To Supercharger Network Waitlist Along With Mercedes-Benz And GM

EV giant Tesla Inc. (NASDAQ: TSLA) on Friday added Japanese automaker Nissan Motor (OTCPK: NSANY) to the list of companies who will “soon” gain access to its supercharger network in North America. Wh...

22 days ago - Benzinga

2025 Volvo V60 Cross Country B5: To Plug In or Not?

Two versions of Volvo’s V60 wagon offer an illustration of hybrid-electric v. plug-in hybrid electric vehicles. Dan Neil sizes up the differences.

23 days ago - The Wall Street Journal

BriefCASE: EV Software Challenges - Lessons from Volvo and Volkswagen

Over-the-air (OTA) software updates can improve an electric vehicle's (EV) features and functionalities, but buggy software rollout can have unintended consequences, including malfunction in critical ...

25 days ago - S&P Global Platts

Volvo Car Sales Rise Driven by Europe

Volvo said the popularity of its fully-electric cars in Europe helped drive a global sales increase of 6.1% on year in July.

4 weeks ago - The Wall Street Journal

The 2025 Volvo EX30 review: This all-new electric subcompact SUV is stylish and smart, with good range and priced under $35K

The all-electric 2025 Volvo EX30 is a compelling new subcompact SUV with impressive range and performance, attractive pricing, and design for days. Pricing starts at $34,950.

4 weeks ago - Market Watch

Volvo Cars jumps 7% after reporting a record core operating profit

By 8:30 a.m. London time shares had rise by 7.35%.

6 weeks ago - CNBC

Volvo Group - the second quarter 2024

GOTHENBURG, Sweden , July 18, 2024 /PRNewswire/ -- "During Q2 2024, the Volvo Group delivered good profitability as demand in many markets continued to normalize compared with the high levels of 2023....

6 weeks ago - PRNewsWire

Truck maker Volvo's profit beats expectations, says demand keeps normalising

Swedish truck maker AB Volvo reported on Thursday a bigger rise than expected in second-quarter operating profit and said demand continued to normalise compared with the high levels of 2023.

6 weeks ago - Reuters

Volvo Cars reports record core operating profit of SEK 8.2 billion in Q2 2024

Q2 operating profit (excl. JVs and associates) was SEK 8.2 bn, up 28 per cent vs Q2 2023 Q2 operating profit was 8.0 bn SEK, up 60 per cent vs Q2 2023 Q2 EBIT margin (excl.

6 weeks ago - PRNewsWire

Volvo Cars Q2 operating earnings beat expectations

Swedish automaker Volvo Cars reported a significant beat in second-quarter operating earnings on Thursday, demonstrating resilience in an industry grappling with a weak electric vehicle (EV) market.

6 weeks ago - Reuters

Volvo Cars' June sales rise on fully electric model boost

Volvo Cars' sales in June rose 8% to 71,514 cars from a year earlier, underpinned by strong performances in Europe and Latin America as well as for its new fully electric model EX30, the Sweden-based ...

2 months ago - Reuters

Invitation to the Volvo Group report on the second quarter 2024

GOTHENBURG, Sweden , July 4, 2024 /PRNewswire/ -- The Volvo Group report for the second quarter 2024 will be published on July 18, at 7.20 a.m. CEST. There will be a conference call for press and anal...

2 months ago - PRNewsWire

Volvo Group completes divestment of Arquus

GOTHENBURG, Sweden , July 2, 2024 /PRNewswire/ -- Volvo Group has today completed the divestment of Arquus to John Cockerill Defense according to the previously announced option agreement. Arquus manu...

2 months ago - PRNewsWire

Volvo Trucks North America Customer Hight Logistics Expands All-Electric, Zero-Emission Fleet

Greensboro, N.C., July 01, 2024 (GLOBE NEWSWIRE) -- Volvo Trucks North America customer Hight Logistics, a privately-owned port drayage services business, is expanding its all-electric fleet with the ...

2 months ago - GlobeNewsWire

Volvo Trucks Customer Martin Brower Expands VNR Electric Fleet to Help Advance McDonald's Global Net Zero GHG Emissions Goals in Canada

Montreal, Quebec, June 27, 2024 (GLOBE NEWSWIRE) -- Volvo Trucks North America customer Martin Brower, a leading supply chain solutions provider for global restaurant chains, is taking delivery of ten...

2 months ago - GlobeNewsWire

Volvo to delay EX30's US shipments due to higher tariffs on Chinese imports, Bloomberg News reports

Volvo will postpone the U.S. deliveries of its EX30 electric car as it shifts production of the compact SUV out of China in the wake of tariff hikes, Bloomberg News reported on Wednesday.

2 months ago - Reuters