| First quarter | ||
| SEK M | 2011 | 2010 |
| Net sales Volvo Group | 71,577 | 58,617 |
| Operating Income Volvo Group | 6,522 | 2,799 |
| Operating income Industrial operations | 6,343 | 2,785 |
| Operating income Customer Finance | 179 | 14 |
| Interest income and similar credits | 151 | 103 |
| Interest expense and similar charges | (720) | (821) |
| Other financial income and expenses | (106) | 147 |
| Income after financial items | 5,847 | 2,228 |
| Income taxes | (1,665) | (508) |
| Income for the period | 4,181 | 1,720 |