Volvo Group Fourth Quarter 2021 Electrification and Financial Report
Volvo Group
Quarter highlights
Net sales increased to SEK 102.4 bn, an increase
of 12% adjusted for UD Trucks divestment and FX
Adjusted operating income amounted to
SEK 10.1 bn (10.9), corresponding to a margin of
9.8% (11.3)
NET SALES
SEK bn
12 months SEK 367 bn
102.4
98.6
90.4
•
Operating cash flow in the Industrial Operation
amounted to SEK 23.6 bn (16.7)
•
ROCE 25.3% (14.7) in Industrial Operation
•
Supply chain constraints and cost inflation
headwind
Q4 Q1 Q2 Q3 Q4 Q1 Q2
2020
2019
Net sales restated for UD Trucks divestment
Volvo Group
Fourth Quarter 2021
Q3 Q4
2021
ADJUSTED OPERATING INCOME (margin)*
12 months 11.0%
10.9
10.1
9.2
(8.8%)
(11.3%)
(9.8%)
Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
2019
2020
2021
*For information on adjustments, see note 7 in the quarterly report
2022-01-28
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