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MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  AB Volvo    VOLV B   SE0000115446

AB VOLVO

(VOLV B)
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212.8 SEK   -2.12%
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Volvo : THE RENAULT TRUCKS D WIDE 320 VOTED SUSTAINABLE TRUCK OF THE YEAR 2021

11/17/2020 | 10:40am EST

Highlights:

Renault Trucks has just received an award from the Italian magazine Vado e Torno. The D Wide 320 was elected 'Sustainable Truck of the Year 2021'.

Contact the press department CONTACT THE PRESS DEPARTMENT

Renault Trucks has just received an award from the Italian magazine Vado e Torno, which each year awards a sustainable development prize to manufacturers of heavy goods and utility vehicles. The D Wide 320 was elected 'Sustainable Truck of the Year 2021' in the Distribution category.

Every year, the Italian magazine Vado e Torno awards a sustainable development prize in three categories, Long Distance, Distribution and Utility Vehicles. The Renault Trucks D Wide 320 stood out in the Distribution category, winning the 'Sustainable Truck of the Year 2021' award.

The jury, which acknowledged Renault Trucks' expertise and experience in the highly competitive segment of medium tonnage vehicles, rewarded the D Wide 320 model for its versatility, efficiency and productivity:

'The performance of the Optidriver automated gearbox, combined with the efficiency of the Fuel Eco pack - which features the Optiroll freewheel function - ensures low fuel consumption and therefore very low pollutant emission levels. The Renault Trucks D Wide 320 is one of the most efficient vehicles to meet the requirements of regional transport and the pursuit of profitability among hauliers.'

'Last but not least, with its most recent D Wide, Renault Trucks has set the bar very high in terms of driver comfort', summed up the jury, which also commended the improvements made by the manufacturer on this model in terms of driving comfort, visibility and safety.

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2020 338 B 40 694 M 40 694 M
Net income 2020 16 410 M 1 976 M 1 976 M
Net cash 2020 50 232 M 6 049 M 6 049 M
P/E ratio 2020 26,8x
Yield 2020 2,57%
Capitalization 443 B 53 383 M 53 294 M
EV / Sales 2020 1,16x
EV / Sales 2021 1,03x
Nbr of Employees 88 889
Free-Float 91,8%
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 225,90 SEK
Last Close Price 217,40 SEK
Spread / Highest target 32,5%
Spread / Average Target 3,91%
Spread / Lowest Target -35,6%
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Managers and Directors
NameTitle
Martin Lundstedt President, Chief Executive Officer & Director
Carl-Henric Svanberg Chairman
Jan Olof Ytterberg Chief Financial Officer & EVP-Group Finance
Lars Stenqvist CTO & Executive VP-Group Trucks Technology
Hanne Jimenez de Mora Independent Director
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