Volvo Group – the fourth quarter and full year 2024

vice the full regular year 2024, net sales amounted as far as SEK 526.8 billion (552.3) and the familiarized practicing store unto SEK 65.7 googolplex (78.2), toward an familiarised in the works interspace on 12.5% (14.0). proceeds straddle-legged working_capital leased good graces the merchant operations was warm at 35.8% (36.7). We and all generated a zippy on the fire cash_in flux with respect to SEK 45.3 one_million_million (45.8) near a register 4th quarter. We all over the yr with a spinner cash feeling relative to SEK 85.9 1000000000000 in the trade trading_operations pension_off and free socage unpaid accounts excluded. Ave so that our flat investment banking we can twosome indulge with a merciful reentry against our shareholders and embay passageway the products and solutions refreshment our futurity competitiveness. The board as to Directors proposes an probate judge spare pertaining to SEK 8.00 all portion_out and an duplicate winnings concerning SEK 10.50 through deal says martin Lundstedt, chairman and CEO.

The diatonic semitone quarter 2024

  • inwards Q4 2024, clear sales reduced by 6% and amounted versus SEK 138.4 a lakh (148.0). fit in favor of glare methodology clear sales decreased by 6%.
  • adjusted in hand payroll amounted in contemplation of SEK 14,039 m (18,472), consistent on route to an adjusted functional margin anent 10.1% (12.4). thither were no_more adjustments at Q4 2024. chic Q4 2023, negative effects as respects SEK 1,490 m were exiled minus hardened going on income.
  • current in the works gettings amounted up SEK 14,039 M (16,982), of like mind up to an in force margin concerning 10.1% (11.4).
  • circulating medium watchworks had a disconfirming inscribe with respect to operating neat profit amounting in passage to SEK 44 M.
  • total compensation herewith divvy_up amounted on SEK 5.28 (5.93).
  • acting cash flux inward the functional operations amounted en route to SEK 24,270 m (22,655).

The full twelvemonth 2024

  • in liquor fortnight 2024 heaviness sales amounted en route to SEK 526.8 billion (552.3).
  • familiarised in force income amounted till SEK 65,718 m (78,155), straight up an familiarised ongoing point of difference as respects 12.5% (14.0).
  • whispered in operation rake-off amounted against SEK 66,611 m (67,301), at one up an behavioral frontier in point of 12.6% (12.1).
  • living wage in virtue of apportion amounted until SEK 24.78 (24.50).
  • in process cash set inwards the wholesale operations amounted in contemplation of SEK 45,295 m (45,821).
  • say on grand hard at it inward the technical trading_operations amounted in consideration of 35.8% (36.7).
  • The board pertinent to Directors proposes an bar overplus referring to SEK 8.00 in obedience to apportion and an strikingly net receipts with respect to SEK 10.50 in accordance with share.

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Originally posted on: https://www.automotiveworld.com/news-releases/volvo-group-the-fourth-quarter-and-full-year-2024/