Volvo - six months ended June 30, 2004
  • Net sales for the second quarter 2004 increased to SEK 53,024 M (44,593), reflecting strong organic growth.

  • Net income increased to SEK 2,611 M (1,722) in the quarter.

  • Income per share for the second quarter was SEK 6.20 (4.10).

  • Improved earnings in all business areas.

  • The Ainax shares were distributed to the shareholders of AB Volvo.

  • Cash flow after net investments excluding Financial Services doubled to SEK 5.4 billion (2.7).