VOLV B SE0000115446

Report

Real-time Estimate Cboe Europe - 12/09 07:08:32 am
203.275	SEK		+0.14%

12/07	VOLVO B : UBS reaffirms its Sell rating	MD
12/07	Bilia to Sell Four Volvo Cars, Renault Service Facilities in Sweden	MT
12/07	Freight firm DSV launches service to help clients cut transport emissions	RE

Company

Business Summary

AB Volvo is the parent company of the Volvo Group. The Volvo Group is a manufacturer of trucks, buses, construction equipment, diesel engines, and marine and industrial engines. The Volvo Group also provides solutions for financing and service. Its segments include Trucks, Construction Equipment, Buses, Volvo Penta, Group functions & Other, and Financial Services. The Company's brand portfolio consists of Volvo, Volvo Penta, UD, Terex Trucks, Renault Trucks, Prevost, Nova Bus and Mack. In addition to vehicles and machines, its offering includes a range of services, such as insurance, rental services, spare parts, preventive maintenance, service agreements, assistance services and information technology (IT) services. Its product range is divided into Vehicles and Services. The sale of new vehicles, machinery and engines comprise Vehicles, as well as the sale of used vehicles and machines, trailers, superstructures and special vehicles. Its Services include the sale of spare parts.

Number of employees : 96 194 people.

Sales per Business

	2019		2020		Delta
Trucks	275 178.00	63.7%	206 198.00	60.9%	-25.07%
Construction Equipment	88 400.00	20.5%	81 230.00	24%	-8.11%
Buses	30 083.00	7%	18 955.00	5.6%	-36.99%
Financial Services	14 590.00	3.4%	13 679.00	4%	-6.24%
Volvo Penta	12 732.00	2.9%	11 400.00	3.4%	-10.46%
Group Functions & Other including Eliminations	11 005.00	2.5%	6 983.00	2.1%	-36.55%
SEK in Million

Sales per region

	2019		2020		Delta
Europe	100 856.00	23.3%	82 161.00	24.3%	-18.54%
United States	103 166.00	23.9%	65 872.00	19.5%	-36.15%
China	29 535.00	6.8%	36 294.00	10.7%	+22.88%
France	33 955.00	7.9%	28 349.00	8.4%	-16.51%
Asia	29 511.00	6.8%	25 181.00	7.4%	-14.67%
Other Markets	25 750.00	6%	19 755.00	5.8%	-23.28%
Japan	20 905.00	4.8%	19 636.00	5.8%	-6.07%
North America	28 144.00	6.5%	15 500.00	4.6%	-44.93%
Brazil	20 427.00	4.7%	13 934.00	4.1%	-31.79%
United Kingdom	18 729.00	4.3%	13 915.00	4.1%	-25.7%
Sweden	10 208.00	2.4%	10 283.00	3%	+0.73%
South America	10 795.00	2.5%	7 565.00	2.2%	-29.92%
SEK in Million

Managers

Name	Title	Age	Since
Martin Lundstedt	President, Chief Executive Officer & Director	53	2016
Jan Olof Ytterberg	Chief Financial Officer & EVP-Group Finance	59	2018
Lars Stenqvist	CTO & Executive VP-Group Trucks Technology	53	2016
Sofia Frändberg	Secretary, Executive VP-Group Legal & Compliance	56	2013
Hanne Jimenez de Mora	Independent Director	60	2010
Carl-Henric Svanberg	Chairman	68	2012
Matti Juhani Alahuhta	Independent Director	68	2014
Kathryn Marinello	Independent Director	63	2014
Eckhard Cordes, Dr.	Independent Director	71	2015
Martina Merz	Independent Director	58	2015

Members of the board

Name	Title	Age	Since
Carl-Henric Svanberg	Chairman	68	2012
Hanne Jimenez de Mora	Independent Director	60	2010
Mikael Sällström	Director	61	2009
Lars Ask	Director	61	2016
Matti Juhani Alahuhta	Independent Director	68	2014
Kathryn Marinello	Independent Director	63	2014
Mats Henning	Director	59	2014
Eckhard Cordes, Dr.	Independent Director	71	2015
Martina Merz	Independent Director	58	2015
Martin Lundstedt	President, Chief Executive Officer & Director	53	2016

Equities

	Vote	Quantity	Free-Float		Company-owned shares		Total Float
Stock A	1	444,987,946	189,913,321	42.7%	0	0.0%	83.6%
Stock B	0.1	1,588,464,138	1,509,603,867	95.0%	0	0.0%	83.6%

Shareholders

Name	Equities	%
Zhejiang Geely Holding Group Co., Ltd.	78,772,891	4.96%
Swedbank Robur Fonder AB	67,356,632	4.24%
The Capital Group Cos., Inc.	50,938,819	3.21%
SEB Investment Management AB	46,097,528	2.90%
Alecta Pension Insurance Mutual	45,369,010	2.86%
Norges Bank Investment Management	41,201,778	2.59%
The Vanguard Group, Inc.	41,150,642	2.59%
Capital Research & Management Co. (World Investors)	38,022,962	2.39%
Handelsbanken Fonder AB	36,681,157	2.31%
BlackRock Investment Management (UK) Ltd.	36,434,425	2.29%

Name	Equities	%
Industrivärden AB (Investment Company)	166,600,000	37.4%
Zhejiang Geely Holding Group Co., Ltd.	88,474,625	19.9%
AMF Fonder AB	28,500,000	6.40%
Alecta Pension Insurance Mutual	20,862,000	4.69%
AFA Sjukförsäkringsaktiebolag (Invt Mgmt)	14,031,622	3.15%
Fjärde AP-fonden	9,848,477	2.21%
Norges Bank Investment Management	6,803,520	1.53%
Skandia Investment Management AB	5,349,596	1.20%
Livförsäkringsbolaget Skandia, ömsesidigt	5,349,596	1.20%
Sjunde AP-fonden	4,389,206	0.99%

Name	Equities	%
Cullen Capital Management LLC	1,192,349	0.075%
Parametric Portfolio Associates LLC	1,168,333	0.074%
The Renaissance Group LLC	343,811	0.022%
Glenmede Investment Management LP	170,469	0.011%
Boston Common Asset Management LLC	153,930	0.0097%
Thomas White International Ltd.	151,196	0.0095%
Meritage Portfolio Management, Inc.	102,079	0.0064%
Envestnet Asset Management, Inc.	70,981	0.0045%
DWS Investments (UK) Ltd.	44,556	0.0028%
Amilton Asset Management SA	20,000	0.0013%

Holdings

Name	Equities	%	Valuation
HEIMSTADEN AB (PUBL) (HEIM PREF)	644,531	1.10%	2,446,491 USD
ATHANASE INNOVATION AB (ATIN)	1,941,667	0.39%	1,379,069 USD

Markets and indexes

- Main Market Large

- OMX Stockholm 30 / FTSE Eurotop 100, NASDAQ OMX Nordic 120, OMX Nordic 40, PEA, STOXX Europe 600

Stock Exchange Codes


- Bloomberg Code :	VOLVB:SS
- Reuters Code :	VOLVB.ST
- Datastream Code :

Company contact information

AB Volvo
Gropegardsgatan 2
SE-405 08 Göteborg

Phone : +46 31 66 00 00
Fax :
web site : https://www.volvogroup.com/en-en/investors.html

Brand Portfolio

In partnership with

Allbrands.markets

ARQUUS	DESIGNWERK TECHNOLOGIES	MACK TRUCKS	RENAULT TRUCKS
VOLVO TRUCKS

More brands of AB Volvo

Analysis

Polestar sees global vehicle sales growing tenfold by 2025-CEO

AB VOLVO