The Volvo Group 2013
A year of product renewal
- Net sales declined by 9% to SEK 272.6 billion (299.8).
- Operating income excluding restructuring charges amounted to SEK 7.9 billion (19.6).
- Operating margin excluding restructuring charges amounted to 2.9% (6.5).
- Net debt in the Industrial Operations amounted to 29.0% of shareholders' equity.
- Proposed dividend of SEK 3.00 per share (3.00).
- The most extensive product renewal in the Group's history.
- Group-wide efficiency program launched.