In Q2 2019, net sales increased by 16% to SEK 120.7 billion (103.6). Adjusted for currency movements, net sales increased by 11%.
The adjusted operating income amounted to SEK 15,105 M (11,519), corresponding to an adjusted operating margin of 12.5% (11.1).
The reported operating income amounted to SEK 15,105 M (12,337).
Currency movements had a positive impact on operating income of SEK 1,004 M.
Diluted earnings per share rose to SEK 5.47 (4.53).
Operating cash flow in the Industrial Operations amounted to SEK 13,867 M (8,322).
July 18, 2019
Press and Analyst Conference. An on-line presentation of the report, followed by a question-and-answer session will be webcast starting at 09.00 CET. More information under Investors on www.volvogroup.com
Aktiebolaget Volvo (publ) 556012-5790 Investor Relations SE-405 08 Göteborg, Sweden Tel +46 31 66 00 00 www.volvogroup.com
Contact Media Relations: Claes Eliasson +46 765 53 72 29
Contacts Investor Relations:
Christer Johansson +46 31 66 13 34
Anders Christensson +46 31 66 11 91
Johan Bartler +46 739 02 21 93
This information is information that AB Volvo (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 07.20 CEST on
July 18, 2019
For more information, please visitvolvogroup.com/press
The Volvo Group is one of the world's leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. The Volvo Group, which employs 105,000 people, has production facilities in 18 countries and sells its products in more than 190 markets. In 2018 the Volvo Group's sales amounted to about SEK 391 billion (EUR 38.1 billion). The Volvo Group is a publicly-held company headquartered in Göteborg, Sweden. Volvo shares are listed on Nasdaq Stockholm.
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AB Volvo published this content on 18 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 July 2019 05:24:00 UTC
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%).
AB VOLVO 
