Volvo Cars reports Q1 2025 results, launches SEK 18 billion cost and cash action plan
GOTHENBURG, Sweden, April 29, 2025 /PRNewswire/ -- * Q1 revenue was SEK 82.9 bn (SEK 93.9 bn in Q1 2024) * Q1 operating income (excl. JVs and associates) was SEK 1.9 bn (SEK 6.8 bn in Q1 2024) * Q1 operating income was SEK 1.9 bn (SEK 4.7 bn in Q1 2024) * Q1 EBIT margin (excl. JVs and asso...
Volvo Cars welcomes Polestar's strengthened business plan
GOTHENBURG, Sweden, Nov. 9, 2023 /PRNewswire/ -- Volvo Cars welcomes the strengthened business plan announced by Polestar today, which aims to take the company into a new phase of growth and profitability. Please see the announcement from Polestar here. Polestar will adopt a variety of steps ...
Volvo Cars Q2 results: full speed ahead in transformation with a solid business performance
* Q2 revenue was SEK 102.2 bn (SEK 71.3 bn in Q2 2022) * Q2 EBIT (excluding JVs and associates) was SEK 6.4 bn (SEK 4.6 bn in Q2 2022) * Q2 EBIT was SEK 5.0 bn (SEK 10.8 bn in Q2 2022) * Q2 EBIT margin, excluding JVs and associates and without non-recurring items, was 7.2 per cent * Q2 E...
