Financials Volvo Car AB

Equities

Real-time Estimate Cboe Europe Other stock markets 06:08:42 2024-12-09 am EST			5-day change	1st Jan Change
25.79 ^SEK	+1.86%		+9.08%	-20.52%

Dec. 04	Stockholm Bullets - Volvo Cars rises on sales figures (update)	FW
Dec. 04	Stockholm Bullets - Volvo Cars rises on sales figures	FW

Fiscal Period: december	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	262,833	282,045	330,145	399,343	394,241	408,926	439,552
Change	-	7.31%	17.05%	20.96%	-1.28%	3.72%	7.49%
EBITDA ¹	-	35,280	38,423	37,988	44,884	47,759	53,603
Change	-	-	8.91%	-1.13%	18.15%	6.41%	12.24%
EBIT ¹	-	20,275	22,332	20,539	24,207	24,638	28,306
Change	-	-	10.15%	-8.03%	17.86%	1.78%	14.88%
Interest Paid ¹	-	-1,515	-2,284	-1,574	-1,774	-1,762	-1,614
Earnings before Tax (EBT) ¹	-	18,760	20,815	20,860	24,095	23,852	28,472
Change	-	-	10.95%	0.22%	15.51%	-1.01%	19.37%
Net income ¹	5,834	12,546	15,577	13,053	16,633	16,835	19,898
Change	-	115.05%	24.16%	-16.2%	27.43%	1.22%	18.19%
Announcement Date	2/4/21	2/11/22	2/8/23	2/1/24	-	-	-

¹SEK in Million

Estimates

Fiscal Period: December	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	80,076	74,269	71,300	79,329	105,247	95,705	102,152	92,045	109,441	93,878	101,454	92,783	106,540	101,799	105,331	100,358	100,218
Change	-	-7.25%	-4%	11.26%	32.67%	-9.07%	6.74%	-9.89%	18.9%	-14.22%	8.07%	-8.55%	14.83%	-4.45%	3.47%	-4.72%	-0.14%
EBITDA ¹	7,425	10,023	14,821	6,055	7,524	9,229	9,198	8,651	10,310	10,124	13,944	10,369	9,911	10,008	12,217	12,006	12,011
Change	-	34.99%	47.87%	-59.15%	24.26%	22.66%	-0.34%	-5.95%	19.18%	-1.8%	37.73%	-25.64%	-4.42%	0.98%	22.07%	-1.73%	0.04%
EBIT ¹	3,708	6,000	10,800	2,050	3,443	5,100	4,993	4,458	5,388	4,706	7,969	5,790	5,592	4,978	6,964	5,157	5,156
Change	-	61.81%	80%	-81.02%	67.95%	48.13%	-2.1%	-10.72%	20.86%	-12.66%	69.34%	-27.34%	-3.43%	-10.97%	39.89%	-25.95%	-0.03%
Charge d'intérêts ¹	-17	-255	-802	-133	-327	-200	380	264	-747	-	-737	-215	-490	-	-	-	-
Earnings before Tax (EBT) ¹	3,691	5,783	9,999	1,917	3,116	5,384	5,373	4,722	5,381	5,098	7,822	6,054	4,452	3,970	6,108	5,553	5,158
Change	-	56.68%	72.9%	-80.83%	62.55%	72.79%	-0.2%	-12.12%	13.96%	-5.26%	53.43%	-22.6%	-26.46%	-10.83%	53.85%	-9.09%	-7.11%
Net income ¹	2,115	3,853	8,935	333	2,456	3,611	3,332	3,001	3,109	3,342	5,348	4,208	3,182	3,698	4,467	3,512	3,369
Change	-	82.17%	131.9%	-96.27%	637.54%	47.03%	-7.73%	-9.93%	3.6%	7.49%	60.02%	-21.32%	-24.39%	16.22%	20.8%	-21.38%	-4.06%
Announcement Date	2/11/22	4/28/22	7/20/22	10/27/22	2/8/23	4/27/23	7/20/23	10/26/23	2/1/24	4/24/24	7/18/24	10/23/24	-	-	-	-	-

¹SEK in Million

Estimates

¹SEK in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-37,875	-31,716	-21,501	-21,498	-19,146	-25,396
Change	-	-	-183.74%	-167.79%	-199.99%	-189.06%	-232.64%
Announcement Date	2/4/21	2/11/22	2/8/23	2/1/24	-	-	-

¹SEK in Million

Estimates

Fiscal Period: December	2021	2022	2023	2024	2025	2026
CAPEX ¹	23,324	32,112	39,165	41,341	39,556	36,228
Change	-	37.68%	21.96%	5.56%	-4.32%	-8.41%
Free Cash Flow (FCF) ¹	6,528	1,487	3,702	-5,122	2,544	8,591
Change	-	-77.22%	148.96%	-238.34%	-149.67%	237.7%
Announcement Date	2/11/22	2/8/23	2/1/24	-	-	-

¹SEK in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	-	12.51%	11.64%	9.51%	11.38%	11.68%	12.19%
EBIT Margin (%)	-	7.19%	6.76%	5.14%	6.14%	6.03%	6.44%
EBT Margin (%)	-	6.65%	6.3%	5.22%	6.11%	5.83%	6.48%
Net margin (%)	2.22%	4.45%	4.72%	3.27%	4.22%	4.12%	4.53%
FCF margin (%)	-	2.31%	0.45%	0.93%	-1.3%	0.62%	1.95%
FCF / Net Income (%)	-	52.03%	9.55%	28.36%	-30.79%	15.11%	43.17%
Profitability
ROA	-	4.59%	5.07%	3.8%	5.35%	4.47%	4.1%
ROE	-	16.75%	15.26%	10.86%	11.72%	12.26%	11.57%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	8.27%	9.73%	9.81%	10.49%	9.67%	8.24%
CAPEX / EBITDA (%)	-	66.11%	83.57%	103.1%	92.11%	82.82%	67.59%
CAPEX / FCF (%)	-	357.29%	2,159.52%	1,057.94%	-807.2%	1,554.86%	421.7%
Items per share
Cash flow per share ¹	-	11.23	11.28	14.38	12.41	12.17	13.54
Change	-	-	0.41%	27.55%	-13.7%	-1.98%	11.32%
Dividend per Share ¹	-	-	-	-	-	0.1088	0.3638
Change	-	-	-	-	-	-	234.48%
Book Value Per Share ¹	-	30.35	38.24	42.4	47.78	53.36	59.59
Change	-	-	26.02%	10.87%	12.69%	11.68%	11.66%
EPS ¹	-	4.72	5.23	4.38	5.518	5.752	7.014
Change	-	-	10.81%	-16.25%	25.98%	4.25%	21.94%
Nbr of stocks (in thousands)	-	2,979,524	2,979,524	2,979,524	2,973,024	2,973,024	2,973,024
Announcement Date	-	2/11/22	2/8/23	2/1/24	-	-	-