Volvo Q4 EPS SEK 5.93 Up From SEK 3.26 YoY, Sales SEK 148.1B Up From SEK 134.3B YoY
Author: Benzinga Newsdesk | January 26, 2024 01:37am
THE FOURTH QUARTER 2023
In Q4 2023, net sales increased by 10% to SEK 148.1 billion (134.3). Adjusted for currency movements, the increase was 8%.
Adjusted operating income amounted to SEK 18,384 M (12,171), corresponding to an adjusted operating margin of 12.4% (9.1). Adjusted operating income excludes negative effects of SEK 1,490 M.
Reported operating income amounted to SEK 16,894 M (11,541).
Currency movements had a positive impact on operating income of SEK 1,106 M.
Earnings per share amounted to SEK 5.93 (3.26).
Operating cash flow in the Industrial Operations amounted to SEK 22,655 M (18,918).