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Volvo AB

VOLVb.ST

Latest Trade

143.45SEK

Change

-1.50(-1.03%)

Volume

5,617,827

Today's Range

143.05

 - 

145.50

52 Week Range

112.85

 - 

162.20

As of on the Stockholm Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
144.95
Open
144.70
Volume
5,617,827
3M AVG Volume
81.39
Today's High
145.50
Today's Low
143.05
52 Week High
162.20
52 Week Low
112.85
Shares Out (MIL)
2,032.91
Market Cap (MIL)
308,633.80
Forward P/E
8.54
Dividend (Yield %)
2.93

Next Event

Q3 2019 Volvo AB Earnings Release

Latest Developments

More

Ferronordic To Expand To Germany As Dealer For Volvo Trucks And Renault Trucks

Volvo CEO says no plans to launch new large-scale cost saving programme

Volvo Group Venture Capital Invests In Mobility Start-Up Companies

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About Volvo AB

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.

Industry

Auto & Truck Manufacturers

Contact Info

Gropegardsgatan 2

+46.31.660000

https://www.volvogroup.se/

Executive Leadership

Carl-Henric Svanberg

Independent Chairman of the Board

Martin Lundstedt

President, Chief Executive Officer, Member of the Group Executive Board, Director

Jan Gurander

Deputy Chief Executive Officer, Member of the Group Executive Board

Jan Ytterberg

Executive Vice President Group Finance, Chief Financial Officer, Member of the Group Executive Board

Lars Stenqvist

Executive Vice President Group Trucks Technology, Group Chief Technology Officer, Member of the Group Executive Board

Key Stats

2.50 mean rating - 24 analysts
Sell
Hold
Buy
Revenue (MM, SEK)

2016

301.9K

2017

334.7K

2018

390.8K

2019(E)

425.3K
EPS (SEK)

2016

6.600

2017

10.120

2018

14.650

2019(E)

16.947
Price To Earnings (TTM)
9.28
Price To Sales (TTM)
0.72
Price To Book (MRQ)
2.33
Price To Cash Flow (TTM)
5.98
Total Debt To Equity (MRQ)
123.69
LT Debt To Equity (MRQ)
81.74
Return on Investment (TTM)
11.37
Return on Equity (TTM)
6.62

Latest News

Volvo Cars, China in first blockchain project for recycled cobalt

Volvo Cars, owned by China's Geely [GEELY.UL], has produced the first cars containing recycled cobalt mapped using a blockchain, and has joined a separate project to monitor cobalt from Democratic Republic of Congo, Volvo said.

Volvo Cars to cut costs as trade war dents profits

Volvo plans to cut fixed costs by 2 billion Swedish crowns ($214 million), it said on Thursday, becoming the latest carmaker to warn that pricing pressure and tariffs arising from the China-U.S. trade war were denting profitability.

Truckmaker Volvo lifts market view, picks Samsung for batteries

Sweden's AB Volvo <VOLVb.ST> raised its market forecasts for North America and Europe on Thursday, as higher trucks and construction equipment deliveries helped it to top profit estimates.

Truckmaker Volvo beats expectations, picks Samsung for batteries

Sweden's AB Volvo inched up its market growth outlook for North America and Europe, as strong deliveries for its trucks and construction equipment as well as continued easing of supply chain bottlenecks helped it beat quarterly profit expectations.

Volvo Cars launches cost cutting measures as trade war dents profit again

Sweden's Volvo announced new measures to cut fixed costs by 2 billion Swedish crowns ($214 million) on Thursday, as it became the latest carmaker to warn that pricing pressure and tariffs arising from the Sino-U.S. trade war were denting profitability.

Volvo solves autonomous revenue riddle with package deals

Swedish truckmaker AB Volvo's first commercial autonomous truck deal shows how it is bundling services to generate revenue from a technology that is years away from wide deployment.

Geely plans to retain stake in Swedish truckmaker Volvo: source

Li Shufu's Zhejiang Geely Holding Group intends to remain a long-term investor in Swedish truckmaker AB Volvo <VOLVb.ST>, a source close to the Chinese firm said, denying media reports that it was gearing up to sell its stake.

Geely plans to retain stake in Swedish truckmaker Volvo - source

Li Shufu's Zhejiang Geely Holding Group intends to remain a long-term investor in Swedish truckmaker AB Volvo, a source close to the Chinese firm said, denying media reports that it was gearing up to sell its stake.

Nvidia boosts self-driving AI business with Volvo trucks deal

Sweden's AB Volvo is joining forces with Nvidia Corp to develop artificial intelligence used in self-driving trucks, in a boost for the U.S. chipmaker that was dropped by Tesla Inc last year.

AB Volvo to partner with Nvidia to develop AI platform for driverless trucks

Sweden's AB Volvo is joining forces with U.S. chipmaker Nvidia to develop artificial intelligence used in self-driving trucks, the companies said on Tuesday.

U.S. rejects GM, Volvo tariff relief requests for China-made SUVs

The United States has rejected separate requests from General Motors Co and Chinese-owned Volvo Cars for an exemption to a 25% U.S. tariff on their Chinese-made sport utility vehicle models.

Volvo taps Asia's LG Chem, CATL for long-term battery supplies

Swedish carmaker Volvo said on Wednesday it had signed long-term battery supply deals with Asian firms LG Chem and Contemporary Amperex Technology Co Ltd (CATL), as it pushes its EV target of 50 percent of sales by 2025.

LG Chem says it has won EV battery supply deal with Volvo Cars

South Korean battery maker LG Chem Ltd on Wednesday said it has won a long-term deal to supply lithium ion batteries to Volvo Cars for use in electric vehicles (EVs).

Volvo Cars is cutting several hundred jobs: Swedish radio

Swedish carmaker Volvo, which is owned by China's Geely, is cutting several hundred jobs, Swedish radio reported on Friday citing sources.

Volvo Cars is cutting several hundred jobs - Swedish radio

Swedish carmaker Volvo, which is owned by China's Geely, is cutting several hundred jobs, Swedish radio reported on Friday citing sources.

Pricing pressure, tariffs dent Volvo's quarterly profit

Swedish carmaker Volvo's quarterly profit fell by 19.3 percent, the company said on Thursday, blaming pricing pressure and higher tariffs arising from the trade war between the United States and China.

Truckmaker Volvo profit tops forecast as supply chain squeeze eases

Truckmaker AB Volvo beat first-quarter profit forecasts on Wednesday as it sold more higher priced vehicles and margins benefited from an easing of supply chain bottlenecks for components such as engines and gear boxes.

Swedish truckmaker Volvo Q1 profit beats forecast

Swedish truckmaker AB Volvo reported a first-quarter operating profit that beat market expectations on Wednesday on the back of higher vehicle sales and stronger pricing while easing supply chain constraints yielded efficiency gains.

Volvo to build XC40 SUV in China as demand grows

Volvo Cars has started producing its XC40 compact crossover SUV in China to bump up capacity and cater for growing demand, the Swedish carmaker said on Friday.

Safety first - Volvo to add in-car sensors to prevent drunk driving

Swedish carmaker Volvo hopes to reinforce its reputation for safety-first driving by installing cameras and sensors in its cars from the early 2020s, monitoring drivers for signs of being drunk or distracted and intervening to prevent accidents.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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