Stock VOLV A AB VOLVO
Add to a list
To use this feature you must be a member
Log inSign up

Company AB Volvo Nasdaq Stockholm

Equities

VOLV A

SE0000115420

Heavy Machinery & Vehicles

Real-time Estimate Cboe Europe
Other stock markets
 09:33:43 2024-04-16 am EDT 		5-day change 1st Jan Change
290.1 SEK -1.39% Intraday chart for AB Volvo -3.07% +8.84%
02:45pm VOLVO B : UBS remains a Sell rating ZD
10:48am VOLVO B : RBC remains Neutral ZD

Business Summary

AB Volvo is the leading European truck maker and No. 3 worldwide. Net sales break down by activity as follows:

- sales of trucks (66.3%): 246,272 vehicles sold in 2023 (names Volvo, Renault, Eicher and Mack);

- sales of construction equipment (18.7%): excavators, loaders, backhoes, hydraulic shovels, graders, dump trucks, etc.;

- financial services (4.3%);

- bus and chassis sales (4%): world's No. 2 largest manufacturer;

- sales of parts, control systems, and marine and industrial motors (3.7%): for commerce and cruise ships and for industrial applications (irrigation units, lifting trucks, electrical generators, etc.);

- other (3%).

Net sales are distributed geographically as follows: Europe (42.8%), North America (29.8%), Asia (12%), South America (8.9%), Africa and Oceania (6.5%).

Number of employees: 91,757

Sales per Business

SEK in Million2022Weight2023Weight Delta
Trucks
66.7 %
307,344 64.9 % 368,701 66.7 % +19.96%
Construction Equipment
18.9 %
99,786 21.1 % 104,245 18.9 % +4.47%
Financial Services
4.3 %
16,966 3.6 % 23,576 4.3 % +38.96%
Buses
3.8 %
17,387 3.7 % 21,116 3.8 % +21.45%
Volvo Penta
3.6 %
17,108 3.6 % 20,023 3.6 % +17.04%
Group Functions and Other including Eliminations
2.7 %
14,888 3.1 % 15,102 2.7 % +1.44%

Sales per region

SEK in Million2022Weight2023Weight Delta
Europe
26.9 %
118,479 25.0 % 148,565 26.9 % +25.39%
United States
24.9 %
115,499 24.4 % 137,856 24.9 % +19.36%
Asia
9.3 %
41,963 8.9 % 51,618 9.3 % +23.01%
France
8.3 %
36,252 7.7 % 46,061 8.3 % +27.06%
Africa and Oceania
6.5 %
29,033 6.1 % 36,056 6.5 % +24.19%
Brazil
6.5 %
37,196 7.9 % 35,986 6.5 % -3.25%
United Kingdom
5.1 %
23,641 5.0 % 28,091 5.1 % +18.82%
North America
4.9 %
21,655 4.6 % 26,969 4.9 % +24.54%
China
2.6 %
22,429 4.7 % 14,487 2.6 % -35.41%
Sweden
2.5 %
12,793 2.7 % 13,896 2.5 % +8.62%
South America
2.4 %
14,538 3.1 % 13,179 2.4 % -9.35%

Managers

Managers TitleAgeSince
Martin Lundstedt CEO
 Chief Executive Officer 57 15-10-21
Mats Backman DFI
 Director of Finance/CFO 56 23-09-30
Nina Karin Aresund CMP
 Compliance Officer 50 06-12-31
Lars Stenqvist CTO
 Chief Tech/Sci/R&D Officer 57 16-09-30
Lars Ask BRD
 Director/Board Member 65 81-12-31
Camilla Johansson
58 -
Mari Larsson BRD
 Director/Board Member 46 03-12-31
Johan Bartler IRO
 Public Communications Contact - 15-05-31
Phil Wilkes PRN
 Corporate Officer/Principal - -
Bruno Blin PRN
 Corporate Officer/Principal 61 98-12-31

Members of the board

Members of the board TitleAgeSince
Jan Carlson BRD
 Director/Board Member 64 22-04-05
Matti Juhani Alahuhta BRD
 Director/Board Member 72 14-04-01
Kurt Jofs BRD
 Director/Board Member 66 20-06-17
Martha Brooks BRD
 Director/Board Member 65 21-03-30
Kathryn Marinello BRD
 Director/Board Member 67 14-04-01
Helena Stjernholm BRD
 Director/Board Member 54 16-04-05
Martin Lundstedt CEO
 Chief Executive Officer 57 15-10-21
Bo Gerhard Annvik BRD
 Director/Board Member 59 23-03-31
Martina Merz BRD
 Director/Board Member 61 15-03-31
Eric A. Elzvik BRD
 Director/Board Member 63 18-04-04

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 444,986,150 188,749,957 ( 42.42 %) 0 84.97 %
Stock B 0 1,588,465,934 1,539,001,575 ( 96.89 %) 0

Shareholders

NameEquities%Valuation
AFA Sjukförsäkringsaktiebolag (Invt Mgmt)
7.138 %
113,391,843 7.138 % 3 076 M kr
Swedbank Robur Fonder AB
6.997 %
111,144,869 6.997 % 3 015 M kr
Shu Fu Li
3.114 %
49,465,849 3.114 % 1 342 M kr
SVENSKA HANDELSBANKEN AB
3.039 %
48,279,140 3.039 % 1 310 M kr
Nordea Investment Management AB
2.594 %
41,203,108 2.594 % 1 118 M kr
Norges Bank Investment Management
2.584 %
41,047,659 2.584 % 1 114 M kr
AMF Fonder AB
2.479 %
39,373,315 2.479 % 1 068 M kr
Alecta Pension Insurance Mutual
2.139 %
33,979,010 2.139 % 922 M kr
Livförsäkringsbolaget Skandia, ömsesidigt
1.669 %
26,508,510 1.669 % 719 M kr
Första AP-fonden
1.426 %
22,651,373 1.426 % 615 M kr
NameEquities%Valuation
Industrivärden AB (Investment Company)
37.44 %
166,600,000 37.44 % 4 593 M kr
Shu Fu Li
19.88 %
88,474,625 19.88 % 2 439 M kr
AMF Fonder AB
6.405 %
28,500,000 6.405 % 786 M kr
AMF Tjänstepension AB (Investment Management)
5.448 %
24,245,000 5.448 % 668 M kr
Alecta Pension Insurance Mutual
4.715 %
20,982,000 4.715 % 578 M kr
AFA Sjukförsäkringsaktiebolag (Invt Mgmt)
3.089 %
13,745,772 3.089 % 379 M kr
Swedbank Robur Fonder AB
2.960 %
13,173,387 2.960 % 363 M kr
Fjärde AP-fonden
2.113 %
9,403,762 2.113 % 259 M kr
Sjunde AP-fonden
1.338 %
5,951,815 1.338 % 164 M kr
Norges Bank Investment Management
1.194 %
5,315,049 1.194 % 147 M kr
NameEquities%Valuation
The Renaissance Group LLC
0.0190 %
302,600 0.0190 % 8 M kr
Boston Common Asset Management LLC
0.005887 %
93,510 0.005887 % 3 M kr
RhumbLine Advisers LP
0.002013 %
31,970 0.002013 % 867 378 kr
MAI Capital Management LLC
0.000960 %
15,257 0.000960 % 413 938 kr
Cozad Asset Management, Inc.
0.000653 %
10,366 0.000653 % 281 240 kr
GAMMA Investing LLC
0.000180 %
2,856 0.000180 % 77 486 kr
Sanlam Investment Management (Pty) Ltd.
0.000111 %
1,756 0.000111 % 47 642 kr
PNC Investments LLC
0.000092 %
1,462 0.000092 % 39 666 kr
First Horizon Advisors, Inc.
0.000065 %
1,037 0.000065 % 28 135 kr

Company contact information

Volvo AB

Gropegårdsgatan 2

417 15, Gothenburg

+46 31 66 00 00

http://www.volvogroup.com
address AB Volvo(VOLV A)

Group companies

NameCategory and Sector
Volvo Treasury AB
Finance/Rental/Leasing
Volvo Group Venture Capital AB
Logo Volvo Group Venture Capital AB

Volvo Group Venture Capital AB

Investment ManagersFinance

Volvo Group Venture Capital AB (Volvo Group Venture Capital) is a venture capital subsidiary of Volvo AB founded in 1997. The firm is headquartered in Gothenburg, Sweden.

Investment Managers
Volvo Treasury Canada Inc.
Volvo Treasury North America LP
Logo Volvo Treasury North America LP

Volvo Treasury North America LP

Finance/Rental/LeasingFinance

Part of Volvo AB, Volvo Treasury North America LP is an American company that provides business finance services. The private company is located in the US.

Finance/Rental/Leasing
Volvo Automotive Finance (China) Ltd.
Logo Volvo Automotive Finance (China) Ltd.

Volvo Automotive Finance (China) Ltd.

Finance/Rental/LeasingFinance

Volvo Automotive Finance (China) Ltd. is an automotive financing company in China. It is a subsidiary of Volvo AB. The company was founded in 2006 and is headquartered in Beijing, CN.

Finance/Rental/Leasing
Volvo Holding France
Logo Volvo Holding France

Volvo Holding France

Financial ConglomeratesFinance

Part of Volvo AB, Volvo Holding France is an investment holding French company. The private company is based in St Priest, France and was founded in 1995.

Financial Conglomerates
Volvo Group India Pvt Ltd.
Logo Volvo Group India Pvt Ltd.

Volvo Group India Pvt Ltd.

Motor VehiclesConsumer Durables

Volvo Group India Pvt Ltd. designs, manufactures, and markets automobiles and industrial trucks. The company was founded on August 2, 1996 and is headquartered in Bangalore, India.

Motor Vehicles
Volvo Danmark A/S
Logo Volvo Danmark A/S

Volvo Danmark A/S

Wholesale DistributorsDistribution Services

Part of Volvo AB, Volvo Danmark A/S is a Danish company that wholesales and retails lorries, trailers, cars, vans, mini buses, spare parts & accessories for motor vehicles. The private company is located in Denmark.

Wholesale Distributors
Volvo Lastvagnar AB
Logo Volvo Lastvagnar AB

Volvo Lastvagnar AB

Motor VehiclesConsumer Durables

Part of Volvo AB, Volvo Lastvagnar AB is a Swedish company that manufactures heavy trucks. The private company is based in Gothenburg, Sweden.

Motor Vehicles

Sector

Industrials
Industrial Goods
Machinery, Equipment & Components
Heavy Machinery & Vehicles
Heavy Trucks

Sales per Business

Sales per region

Ratings for AB Volvo

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
19
Last Close Price
284.4 SEK
Average target price
306.7 SEK
Spread / Average Target
+7.85%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Heavy Trucks

1st Jan change Capi.
SINOTRUK (HONG KONG) LIMITED Stock Sinotruk (Hong Kong) Limited
+44.26% 7.72B
JUNGHEINRICH AG Stock Jungheinrich AG
+13.43% 4.16B
SINOTRUK JINAN TRUCK CO.,LTD Stock Sinotruk Jinan Truck Co.,Ltd
+34.36% 2.82B
CIMC VEHICLES (GROUP) CO., LTD. Stock CIMC Vehicles (Group) Co., Ltd.
+6.20% 2.38B
ANHUI HELI CO.,LTD. Stock Anhui Heli Co.,Ltd.
+27.90% 2.35B
WABASH NATIONAL CORPORATION Stock Wabash National Corporation
+3.43% 1.21B
MITSUBISHI LOGISNEXT CO., LTD. Stock Mitsubishi Logisnext Co., Ltd.
+20.55% 1.17B
SHANGHAI NEW POWER AUTOMOTIVE TECHNOLOGY COMPANY LIMITED Stock Shanghai New Power Automotive Technology Company Limited
-29.61% 715M
KAMAZ PUBLICLY TRADED COMPANY Stock KAMAZ Publicly Traded Company
-.--% 659M
Heavy Trucks
  1. Stock Market
  2. Equities
  3. VOLV B Stock
  4. VOLV A Stock
  5. Company AB Volvo