Business Segments Volvo Nasdaq Stockholm

Stocks

VOLV A

SE0000115420

Heavy Machinery & Vehicles

Market Closed - Nasdaq Stockholm 09:30:00 17/09/2026 pm IST			5-day change	1st Jan Change
338.00 ^SEK	+1.50%		-1.05%	+14.04%

07:31pm	Volvo Buses, Marcopolo to Launch New Coach Model for European Markets	MT
02:51pm	European Midday Briefing : Shares Rise, Oil Falls as Investors Await BOE Rate Decision	DJ

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Operating Income: Breakdown by Business Segment

Geographical Revenue Distribution History

Breakdown by Business Segment (SEK)

Fiscal Period: December	2021	2022	2023	2024	2025
Heavy Duty Trucks
Industrial Operations - Trucks	23TCr	31TCr	37TCr	36TCr	32TCr
CAPEX	-1.07TCr	-1.43TCr	-	-	-
Operating Income	2.56TCr	3.38TCr	5.54TCr	4.58TCr	3.17TCr
	-	-	-	-	376.3Cr
Construction Machinery and Equipment
Industrial Operations - Construction Equipment	9.2TCr	10TCr	10TCr	8.83TCr	8.16TCr
CAPEX	-133.8Cr	-160.3Cr	-	-	-
Operating Income	1.22TCr	1.32TCr	1.7TCr	1.27TCr	1.09TCr
Total Assets	37TCr	43TCr	44TCr	45TCr	40TCr
Interest Expense	-117.2Cr	-151.2Cr	-168.5Cr	-159.2Cr	-181.9Cr
Income Tax Expense	914Cr	1.12TCr	1.58TCr	1.55TCr	1.17TCr
CAPEX	-	-	-1.31TCr	-1.39TCr	-1.83TCr
EBT	3.99TCr	4.42TCr	6.3TCr	6.32TCr	4.35TCr
Gross Profit	8.4TCr	11TCr	14TCr	14TCr	11TCr
D&A	999.5Cr	1.15TCr	868.1Cr	916.1Cr	1.04TCr
Net Income	3.08TCr	3.3TCr	4.72TCr	4.76TCr	3.19TCr
	-	-	-	-	70Cr
Personal Credit Agencies
Financial Services	1.34TCr	1.74TCr	2.4TCr	2.7TCr	2.65TCr
Total Assets	18TCr	23TCr	27TCr	30TCr	27TCr
Income Tax Expense	81Cr	90Cr	102.4Cr	109.2Cr	101.6Cr
CAPEX	-930.2Cr	-922.9Cr	-1.04TCr	-30L	-30L
EBT	328.9Cr	85Cr	372Cr	404.2Cr	386.9Cr
Gross Profit	573.8Cr	671.4Cr	762.7Cr	837.5Cr	835.3Cr
D&A	6.2Cr	7.8Cr	2.2Cr	2.6Cr	3.2Cr
Operating Income	327.9Cr	341.6Cr	385.5Cr	404.2Cr	391.6Cr
Net Income	248.2Cr	-5.3Cr	269.5Cr	294.9Cr	285.3Cr
	-	-	-	-	21Cr
Buses
Industrial Operations - Buses	1.37TCr	1.86TCr	2.24TCr	2.45TCr	2.51TCr
CAPEX	-35Cr	-49Cr	-	-	-
Operating Income	5.9Cr	35Cr	105.9Cr	223.3Cr	227.2Cr
Industrial Operations - Group Functions and Other	1.35TCr	1.64TCr	1.68TCr	1.65TCr	-
Operating Income	-226.5Cr	-291.1Cr	-295Cr	-294.3Cr	-
	-	-	-	-	167.7Cr
Sporting and Recreational Goods
Industrial Operations - Volvo Penta	1.44TCr	1.81TCr	2.1TCr	1.99TCr	2.06TCr
CAPEX	-75Cr	-90Cr	-	-	-
Operating Income	209.2Cr	253Cr	323Cr	341.9Cr	359Cr
	-	-	-	-	77Cr
Industrial Operations - Group Functions & Other Incl. Eliminations	-	-	-	-	673.6Cr
CAPEX	-59Cr	-82Cr	-	-	-
Operating Income	-	-	-	-	-140.5Cr
Eliminations	-339.8Cr	-415.5Cr	-499.8Cr	-488.3Cr	-
Total Assets	-3.64TCr	-3.77TCr	-3.6TCr	-3.5TCr	-2.76TCr
Interest Expense	40L	31Cr	52Cr	-	-
Income Tax Expense	-	-	-	-	-
CAPEX	2.1Cr	1.9Cr	6.1Cr	-	-
EBT	20L	20L	20L	-	-
Gross Profit	20L	20L	-	37Cr	26Cr
Operating Income	5.3Cr	1.2Cr	5.5Cr	3.2Cr	-
Net Income	10L	10L	20L	-	-
	-	-	-	-	0
Reclassifications and Eliminations	-228.3Cr	-357.9Cr	-451.8Cr	-514Cr	-479.5Cr
Operating Income	20L	20L	20L	37Cr	26Cr
Net Income	-46Cr	-25Cr	-	-	-25Cr
	-	-	-	-	-281.7Cr

Geographical breakdown of sales (SEK)

Fiscal Period: December	2021	2022	2023	2024	2025
Other Europe	9.96TCr	12TCr	15TCr	13TCr	11TCr
Total Assets	2.78TCr	3.47TCr	3.54TCr	3.81TCr	2.98TCr
	-	-	-	-	2.63TCr
USA	8.13TCr	12TCr	14TCr	13TCr	11TCr
Total Assets	2.05TCr	2.54TCr	2.55TCr	3.16TCr	2.65TCr
	-	-	-	-	1.54TCr
Asia (Excl. China)	-	4.2TCr	5.16TCr	4.33TCr	4.41TCr
Total Assets	-	334.8Cr	348.7Cr	374.2Cr	326.4Cr
	-	-	-	-	1.67TCr
France	3.08TCr	3.63TCr	4.61TCr	4.15TCr	3.52TCr
Total Assets	1.23TCr	1.44TCr	1.43TCr	1.54TCr	1.52TCr
	-	-	-	-	11TCr
Brazil	2.18TCr	3.72TCr	3.6TCr	4.33TCr	3.1TCr
Total Assets	158.2Cr	222.6Cr	346.4Cr	357.1Cr	380.6Cr
UK	1.75TCr	2.36TCr	2.81TCr	2.92TCr	2.79TCr
Total Assets	839.8Cr	728.1Cr	648.5Cr	640.1Cr	614.7Cr
	-	-	-	-	4.41TCr
North America (Excl. USA)	1.74TCr	2.17TCr	2.7TCr	2.83TCr	2.63TCr
Total Assets	193.7Cr	210.1Cr	192.9Cr	206.9Cr	604.4Cr
	-	-	-	-	11TCr
Spain	-	-	-	-	1.67TCr
Total Assets	-	-	-	-	864.4Cr
	-	-	-	-	1.55TCr
Africa and Oceania (Excl. Australia)	-	-	-	-	1.55TCr
Total Assets	-	-	-	-	140.7Cr
	-	-	-	-	1.5TCr
South America (Excl. Brazil)	863Cr	1.45TCr	1.32TCr	1.32TCr	1.54TCr
Total Assets	48Cr	55Cr	53Cr	56Cr	52Cr
	-	-	-	-	3.1TCr
Australia	-	-	-	-	1.5TCr
Total Assets	-	-	-	-	177.7Cr
Sweden	1.02TCr	1.28TCr	1.39TCr	1.17TCr	1.17TCr
Total Assets	2.64TCr	2.69TCr	3.19TCr	3.77TCr	4.36TCr
China	2.97TCr	2.24TCr	1.45TCr	1.54TCr	1.11TCr
Total Assets	231.1Cr	238.1Cr	198.7Cr	195.8Cr	50Cr
Africa and Oceania	-	2.9TCr	3.61TCr	3.28TCr	-
Total Assets	-	325.6Cr	305.4Cr	325Cr	-
	-	-	-	-	2.79TCr
Japan	593.3Cr	-	-	-	-
Total Assets	-	-	-	-	-
Asia (Excl. China & Japan)	2.75TCr	-	-	-	-
Total Assets	308.3Cr	-	-	-	-
	-	-	-	-	1.11TCr
Other Markets	2.18TCr	-	-	-	-
Total Assets	266.2Cr	-	-	-	-
	-	-	-	-	3.52TCr
	-	-	-	-	1.17TCr