AB Volvo (publ) (STO: VOLV.B)
Sweden
· Delayed Price · Currency is SEK | Market Cap | 558.27B |
| Revenue (ttm) | 552.20B |
| Net Income (ttm) | 55.78B |
| Shares Out | 2.03B |
| EPS (ttm) | 27.42 |
| PE Ratio | 9.99 |
| Forward PE | 11.88 |
| Dividend | 18.00 (6.57%) |
| Ex-Dividend Date | n/a |
| Volume | 2,964,738 |
| Open | 266.20 |
| Previous Close | 266.30 |
| Day's Range | 265.70 - 274.20 |
| 52-Week Range | 213.40 - 321.10 |
| 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]
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 StatementsNews
Volvo's (VOLV) Global Sales Up 1% in September, Driven by Strong European Market
Volvo's (VOLV) Global Sales Up 1% in September, Driven by Strong European Market
Volvo Cars September sales rise 1%
Volvo Cars' sales rose 1% year-on-year in September to 62,458 cars, the Sweden-based automaker said on Wednesday.
European automakers most at risk from US dockworkers strike, analysts say
European automakers are most likely affected by the dockworkers strike at U.S. East Coast and Gulf Coast ports because they rely heavily on those locations, but a longer walkout could hit the industry...
Joachim Rosenberg to resign as Volvo Group Executive Board member
GOTHENBURG, Sweden , Oct. 1, 2024 /PRNewswire/ -- After many years of service Joachim Rosenberg has decided to resign from his role as member of the Volvo Group Executive Board, EVP Strategic Initiati...
Volvo Leads 50 Firms Urging EU to Stick to Combustion-Engine Ban
Volvo Car AB and dozens of industrial manufacturers urged Brussels to stick to a plan to halt sales of new combustion-engine cars starting 2035. But Europe’s biggest automakers are keeping quiet.
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Volvo’s head of sustainability on why the brand tweaked its ‘EV or bust’ strategy
Image: Volvo Earlier this month, Volvo became the latest automaker to announce that it was delaying its plans to sell only electric vehicles . The decision was a reflection of the stark reality of the...
Tesla Registrations In EU Take A Hit In 2024 As EV Demand Slows: Volkswagen, Volvo, And Toyota Continue To Gain Speed
New Tesla Inc. (NASDAQ: TSLA) vehicle registrations in the European Union in the first eight months of 2024 dropped 15% as compared to the corresponding period last year as overall electric vehicle (...
Political scientist awarded the Volvo Environment Prize 2024
Press release from the Volvo Environment Prize Foundation GOTHENBURG, Sweden , Sept. 18, 2024 /PRNewswire/ -- Governments and organizations meet year-round to make crucial decisions to solve global en...
BriefCASE: Challenges of Phantom Braking
AEB Regulations and the Global Struggle for ADAS Standardization Autonomous emergency braking (AEB), a system first introduced in 2008 by Volvo as Volvo City Safety, has become the unlikely source of ...
Drivers Tend To Multitask And Pay Less Attention To The Road While Using Tesla's Autopilot And Volvo's Pilot Assist, Study Finds
Drivers tend to pay less attention to the road and multitask when using partial automation to drive despite automakers mandating constant supervision, as per new research. What Happened : According to...
Volvo’s EV Retreat: A Reality Check on Ambitious Electric Goals
: Volvo backtracks on its all-electric goal, now aiming for a majority electric fleet by 2030. Challenges include a lack of charging infrastructure and consumer hesitation. Tesla and Chinese EV makers...
Another EV Industry Domino Falls Over
: Volvo backtracks on its all-electric goal, now aiming for a majority electric fleet by 2030. Challenges include a lack of charging infrastructure and consumer hesitation. Tesla and Chinese EV makers...
Polestar adds key Volvo executive to its board
Volvo Trucks Delay Building Battery Plant in Sweden
truck maker Volvo is delaying the construction of a new large-scale battery production plant as it tries to balance the ramp-up of capacity with demand.
Growth expected in US new-truck market, ahead of new rules
After supply-chain disruptions in 2021 and 2022, North America's medium and heavy commercial vehicle (MHCV) sector is poised for recovery in 2024. In North America, the United States accounts for appr...
Volvo Financial Services, JA Worldwide Equip 10,000 Students with Financial Literacy Knowledge
GOTHENBURG, Sweden , Sept. 12, 2024 /PRNewswire/ -- Halfway through 2024, Volvo Financial Services (VFS) and JA (Junior Achievement) Worldwide have reached more than 10,000 students with financial lit...
Volvo Group Venture Capital invests in aifleet, an AI-driven trucking company
GOTHENBURG, Sweden , Sept. 10, 2024 /PRNewswire/ -- Volvo Group Venture Capital AB invests in the U.S.-based company aifleet, a trucking company leveraging its unique AI-technology to reshape the futu...
Struggling Volvo Cars says ‘safety is our superpower’ as EV ambitions dashed by flatlining market
Volvo is reminding drivers of its safety "superpower" as it seeks to grab market share in a struggling EV market.
Bridge to fully electric cars will take longer than we thought, Volvo Cars CEO says
Jim Rowan, CEO at Volvo Cars, discusses the company's decision to scrap plans to go fully electric by 2030.
How Do You Solve a Problem Like Polestar?
The all-electric sibling of Volvo has a new CEO, new models landing, and a new plant in South Carolinabut will this be enough to stop the EV brand's decline?
Volvos new dark side casts shadow on ageless design
Black seems to be the new black. I notice a lot of cars with their emblems and front grilles smothered in its deadening tones and Im not so sure Im all that gone on them.
Companies Finally Find a Use for Virtual Reality at Work
Companies like UPS, Volvo and Walmart are tapping the immersive technology for employee training.
Volvo to launch all-new EX60 electric SUV in 2026
The brand-new Volvo EX60 electric SUV is being set for its 2026 launch. According to Autocar UK, this will be the first vehicle from Volvo to sit on a completely new, highly scalable platform with cut...
Volvo Teases Future ES90 Electric Sedan. Here's What We Know
Volvo's next fully electric model will be a premium sedan built on the bones of the new EX90 SUV.
Why Volvo Is Joining Ford And GM In Cutting 2030 EV Production Targets
Turn up at any car show around the world from Las Vegas to Bangkok, and you are likely to see automaker Volvo brandish its loud and proud electric vehicle (EV) manufacturing credentials.