Increase in delivery and sales

During 2010, Volvo CE sold 66,000 machines, compared with 38,800 machines in 2009. Net sales amounted to SEK 53,810 M, an increase of 51%, compared with SEK 35,658 M in 2009.

Operating profit totaled SEK 6,180 M (loss: 4,005). The operating margin improved significantly and amounted to 11.5%, compared with a negative 11.2% in 2009. The improved operating profit was attributable to increased sales, internal cost-reduction measures, improved cost coverage in the production system and higher productivity.