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Volvo Group CEO comments on Q1 2019 results


kscarbel2

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Volvo Group Press Release  /  April 24, 2019

“The Volvo Group’s positive development continued in Q1 2019. We increased net sales to SEK 107.2 billion (89.1), with all business segments and regions contributing. Both our vehicle and service business grew at a good pace. The increased sales volumes together with an improvement in our operational performance contributed to a rise in profitability. Our adjusted operating income increased by 53% to SEK 12.7 billion with all business segments contributing with higher earnings. The adjusted operating margin rose to 11.8%,” says Martin Lundstedt, President and CEO.

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