• 24-JUL-2012

Volvo Group Announces Q2 2012 Financial Results, Sales Up 6%

The Volvo Group's sales continued to grow during the second quarter. Net sales rose 6% to SEK 83.9 billion – representing the highest sales so far for a second quarter. Operating income totaled SEK 7.3 billion, which includes a positive impact of SEK 495 M as a result of VAT credits in Brazil. The operating margin of 8.7% is slightly lower than the year-earlier quarter, due primarily to a change in market mix. Available video includes Volvo Group's facilities and products shots.