The Volvo Group 2011

Strong earnings
  • Highest net sales, operating income and operating margin thus far
  • Net sales rose by 17% to SEK 310.4 billion (264.7)
  • Operating income rose to SEK 26.9 billion (18.0)
  • Operating margin improved to 8.7% (6.8)
  • Strong operating cash-flow in the Industrial Operations of SEK 14.1 billion (19.0)
  • Net debt in the Industrial Operations reduced to 25.2% of shareholders' equity
  • Proposed dividend of SEK 3.00 per share
  • Olof Persson assumed the position of Group CEO