Volvo AB (VLVLY)

OTCMKTS: VLVLY · Delayed Price · USD
26.33
-0.67 (-2.48%)
Jul 19, 2024, 3:58 PM EDT - Market closed
Market Cap 55.08B
Revenue (ttm) 51.77B
Net Income (ttm) 5.23B
Shares Out 2.09B
EPS (ttm) 2.57
PE Ratio 10.13
Forward PE 10.99
Dividend $1.72 (6.54%)
Ex-Dividend Date Apr 1, 2024
Volume 8,206
Open 26.51
Previous Close 27.00
Day's Range 26.30 - 26.51
52-Week Range 19.26 - 30.14
Beta 1.02
Analysts n/a
Price Target n/a
Earnings Date Jul 19, 2023

About VLVLY

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 1927
Employees 93,799
Stock Exchange OTCMKTS
Ticker Symbol VLVLY
Full Company Profile

Financial Performance

In 2023, Volvo AB'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 Cars jumps 7% after reporting a record core operating profit

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

4 days 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....

4 days 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.

4 days 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.

4 days 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.

4 days 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 ...

18 days 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...

18 days 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...

20 days 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 ...

20 days 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...

24 days 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.

25 days ago - Reuters

European auto stocks fall further on concerns over China's tariff response

Some of Europe's biggest carmakers fell further on Thursday on concerns over how China will respond to new tariffs the European Commission slapped on imported Chinese electric cars in a bid to combat ...

Other symbols: BMWYYMBGYYVWAGY
5 weeks ago - Reuters

Volvo shifting EV production to Belgium to evade China tariffs, The Times reports

Volvo cars has started to shift production of Chinese-made electric vehicles to Belgium in the expectation that the European Union will drive ahead with a crackdown on Beijing-subsidised imports, the ...

6 weeks ago - Reuters

Volvo Cars' May sales rise 13%

Volvo Cars' sales rose 13% in May from a year earlier to 68,034 cars, driven mainly by a 31% jump in Europe and helped by strong performance for its fully electric model EX30, the group said on Wednes...

6 weeks ago - Reuters

Volvo to issue world's first EV battery passport ahead of EU rules

Volvo Cars is launching the world's first EV battery passport recording the origins of raw materials, components, recycled content and carbon footprint for its flagship EX90 SUV, which is about to sta...

6 weeks ago - Reuters

Volvo Group Capital Markets Day 2024

GOTHENBURG, Sweden, June 4, 2024 /PRNewswire/ -- The Volvo Group will hold a Capital Markets Day at Volvo Trucks' operations in Dublin, Virginia, USA on November 14, 2024.  During the day, executive m...

6 weeks ago - PRNewsWire

Volvo CE unveils ambitious new product line up at Volvo Days 2024

GOTHENBURG, Sweden , May 29, 2024 /PRNewswire/ -- At Volvo Days 2024, Volvo Construction Equipment (Volvo CE) demonstrates its ambition to lead in sustainability and productivity by presenting pioneer...

7 weeks ago - PRNewsWire

Aurora and Volvo unveil self-driving truck designed for a driverless future

A new self-driving truck — manufactured by Volvo and loaded with autonomous vehicle tech developed by Aurora Innovation — could be on public highways as early as this summer.

Other symbols: AUR
2 months ago - TechCrunch

Volvo Trucks North America and Volvo Financial Services Launch Volvo on Demand to Accelerate Battery-Electric Vehicle Adoption

Greensboro, N.C., May 20, 2024 (GLOBE NEWSWIRE) -- Volvo Trucks North America (VTNA) and Volvo Financial Services (VFS) have joined forces to form Volvo on Demand, a collaborative initiative to change...

2 months ago - GlobeNewsWire

Daimler Truck and Volvo Group to form JV for heavy-duty vehicle platform

Daimler Truck and Volvo Group announced on Friday that they will form a joint venture to develop a software-defined heavy-duty vehicle platform. The venture aims to leverage the strengths of both comp...

2 months ago - Invezz

Daimler Truck and Volvo intend to form software joint venture

German truck maker Daimler Truck and Sweden's Volvo intend to form a joint venture to develop a software-defined vehicle platform and dedicated truck operating system, the two companies said on Friday...

2 months ago - Reuters

Volvo Group and Daimler Truck intend to form a joint venture for a software-defined vehicle platform to amplify digital transformation

Volvo Group and Daimler Truck share the ambition to lead transformation to software-defined heavy-duty commercial vehicles to enhance customer efficiency and experience. Both companies intend to creat...

2 months ago - PRNewsWire

4 Gen Logistics Advances Sustainable Goods Movement with 41 Volvo VNR Electric Trucks

Long Beach, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- Volvo Trucks North America customer 4 Gen Logistics, a family-owned drayage company in Southern California, has deployed 41 Volvo VNR Electric truc...

2 months ago - GlobeNewsWire

Volvo Cars April sales rise 27% year-on-year

Volvo Cars' sales rose 27% in April from a year earlier to 65,838 cars, the Sweden-based group said in a statement on Monday.

2 months ago - Reuters

New number of votes in AB Volvo

GOTHENBURG, Sweden , April 30, 2024 /PRNewswire/ -- The number of votes in AB Volvo has changed due to the conversion of a total of 100 Series A shares to a total of 100 Series B shares. The conversio...

2 months ago - PRNewsWire