Financial Highlights
The Volvo Group has released its financial results for the second quarter of 2025. Key figures indicate a decrease in net sales and adjusted operating income compared to the previous year. The report provides a detailed breakdown of performance across various business segments, including Trucks, Construction Equipment, Buses, Volvo Penta, and Financial Services.
Key Business Segments
- Trucks: Experienced a decrease in net sales and adjusted operating income, with market demand showing stabilization in Europe but a cautious approach from customers in the US.
- Construction Equipment: Earnings were impacted by lower sales in Europe and North America, though order intake and deliveries saw an increase.
- Buses: Showed stable performance on lower volumes, with a slight decrease in deliveries and net order intake.
- Volvo Penta: Demonstrated strong performance in a mixed market, with increased order intake and deliveries, and improved adjusted operating income.
- Financial Services: Continued to show portfolio growth and stable performance, with an increase in net credit portfolio and adjusted operating income.
Important Events
The quarter was marked by several significant events, including the launch of Coretura AB, a joint venture with Daimler Truck, aimed at transforming the commercial vehicle industry. Volvo Construction Equipment also announced strategic acquisitions and divestments to strengthen its market position.
Outlook
The Volvo Group remains focused on earnings resilience by staying close to customers, utilizing flexibility, maintaining strict cost control, and driving its service business. The company is adapting its electric vehicle strategy to reflect market adoption rates while maintaining its long-term net-zero ambitions.
