• 05-FEB-2010

Volvo Group Publishes Report on 2009 Operations

In the fourth quarter, the Volvo Group continued to have substantial costs in connection with its effort to adjust the cost structure to a considerably lower level of demand in the wake of the financial crisis, something that contributed to an operating loss of slightly more than SEK 2 billion (approx. $267 million) in the quarter. The main focus during the quarter was on cash flow and the Group created a positive cash flow of SEK 8.6 billion (approx. $1.15 billlion), which is one of the best cash inflows ever for a single quarter. Available video includes shots of Volvo Group products as well as facilities.