Segment overview

Net sales by business area
   First quarter
SEK M 2013 2012
Trucks 37,031 48,014
Construction Equipment 12,136 17,999
Buses 3,482 5,086
Volvo Penta 1,839 1,933
Volvo Aero 1,682
Group functions and other 2,554 4,146
Eliminations (662) (2,861)
Industrial operations 56,380 75,999
     
Customer Finance 2,351 2,367
Reclassifications and eliminations (387) (563)
Volvo Group 58,344 77,803

Operating income by business area
  First quarter
SEK M 2013 2012
Trucks 101 3,677
Construction Equipment 500 2,089
Buses (88) 46
Volvo Penta 100 114
Volvo Aero 233
Group functions and other (516) (241)
Eliminations 4 (14)
Industrial operations 101 5,906
     
Customer Finance 381 334
Volvo Group 482 6,240

Operating margin by business area
  First quarter
% 2013 2012
Trucks 0.3 7.7
Construction Equipment 4.1 11.6
Buses (2.5) 0.9
Volvo Penta 5.4 5.9
Volvo Aero 13.9
Industrial operations 0.2 7.8
Volvo Group 0.8 8.0