OverviewSuggest Edit

The Volvo Group is a manufacturer of trucks, buses, construction equipment and marine and industrial engines. The Group provides complete solutions for financing and service. 
HQGöteborg, SE
Employee Ratings4

Latest Updates

Employees (est.) (Dec 2018)105,175(+6%)
Revenue (FY, 2017)KR334.7 B(+11%)
Share Price (Oct 2017)KR154.7

Key People/Management at AB Volvo

Martin Lundstedt

Martin Lundstedt

President and CEO
Jan Gurander

Jan Gurander

Deputy CEO and CFO
Bruno Blin

Bruno Blin

Executive Vice President Volvo Group President Renault Trucks
Sofia Frandberg

Sofia Frandberg

Executive Vice President Group Legal & Compliance and General Counsel
Andrea Fuder

Andrea Fuder

Executive Vice President Volvo Group Trucks Purchasing
Melker Jernberg

Melker Jernberg

Executive Vice President Volvo Group President Volvo Construction Equipment
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AB Volvo Office Locations

AB Volvo has an office in Göteborg
Göteborg, SE (HQ)
Gropegårdsgatan 2
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AB Volvo Financials and Metrics

AB Volvo Revenue

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AB Volvo's revenue was reported to be kr334.75 b in FY, 2017 which is a 10.9% increase from the previous period.

Revenue (FY, 2017)


Revenue growth (FY, 2016 - FY, 2017), %


Gross profit (FY, 2017)


Gross profit margin (FY, 2017), %


Net income (FY, 2017)


EBIT (FY, 2017)


Market capitalization (17-Oct-2017)


Closing stock price (17-Oct-2017)


Cash (31-Dec-2017)



AB Volvo's current market capitalization is kr311.1 b.
SEKFY, 2016FY, 2017



Revenue growth, %


Cost of goods sold


Gross profit

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Current Assets

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Accounts Payable


Cash From Operating Activities

SEKY, 2017


13.3 x


10.7 x




1.2 x


0.3 x

Financial Leverage

3.8 x
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AB Volvo Operating Metrics

Jan, 2016Feb, 2016Mar, 2016Apr, 2016May, 2016Jun, 2016Jul, 2016

Monthly New Car Registrations (UK)

2.99 k1.03 k7.49 k3.32 k2.97 k4.82 k3.63 k
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AB Volvo Revenue Breakdown

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AB Volvo revenue breakdown by business segment: 19.8% from Construction Equipment, 64.5% from Trucks, 7.8% from Buses and 7.9% from Other

AB Volvo revenue breakdown by geographic segment: 25.1% from North America, 20.4% from Asia, 5.2% from South America, 6.5% from Other Markets and 42.8% from Europe

AB Volvo Online and Social Media Presence

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AB Volvo News and Updates

AB Volvo warns of demand slump as truck orders plunge

Swedish truckmaker AB Volvo reported a sharp decline in third-quarter orders and forecast a demand slump on both sides of the North Atlantic next year, taking the shine off forecast-beating earnings.

AB Volvo truck orders tumble as markets hit brakes in third-quarter

Sweden's AB Volvo on Friday reported a sharp fall in order intake of its trucks in the third quarter and forecast slumping market demand on both sides of the North Atlantic next year, taking the shine off forecast-beating earnings.

AB Volvo truck orders tumble after profit beats forecast in third quarter

Sweden's AB Volvo on Friday reported a sharp fall in order intake of its heavy-duty trucks in the third quarter and forecast double-digit percentage declines in commercial vehicles markets on both sides of the North Atlantic next year.

AB Volvo to partner with Nvidia to develop AI platform for driverless trucks

Sweden's AB Volvo is joining forces with U.S. chipmaker Nvidia to develop artificial intelligence used in self-driving trucks, the companies said on Tuesday.

World Leisure Boat Market, Outlook Study to 2023 - Leading Players are AB Volvo, Azimut - Benetti Group, Brunswick Corporation, Groupe Beneteau, and Yamaha Motor Co

DUBLIN, April 25, 2019 /PRNewswire/ -- The "Global Leisure Boat Market 2019-2023" report has been added to ResearchAndMarkets.com's offering. The leisure boat market will register a CAGR of over 4% by 2023. The increasing demand for outboard powerboats will be one of the key drivers in...
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AB Volvo Blogs

Volvo reduces transports using a digitalized system

Urban logistics contributes to challenges in the form of traffic congestion and poor inner-city environment, but is also a prerequisite for an attractive city.

Volvo Trucks launches sales of electric trucks for urban transport

Volvo Trucks announces the start of sales of its Volvo FL and Volvo FE electric trucks in selected markets within Europe, meeting the increasing demand for sustainable transport solutions in city environments

Volvo receives Europe’s largest order for electric buses

Volvo Buses has received the largest single order for electric buses in Europe

Volvos’ premium coach voted best and safest at Busworld

The Volvo 9900, Volvo Buses’ premium coach, received two prestigious awards at the international Busworld show in Brussels. Facing tough competition from eight rivals, the Volvo 9900 was voted both safest and best coach all categories in the Busworld Awards 2019 competition.

Volvo Group Venture Capital invests in cybersecurity

Volvo Group Venture Capital AB has invested in Upstream Security, a leading Israeli automotive cybersecurity company

Volvo Group – the third quarter 2019

“In Q3 2019 we increased our sales and continued to deliver solid profitability
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AB Volvo Frequently Asked Questions

  • When was AB Volvo founded?

    AB Volvo was founded in 1927.

  • Who are AB Volvo key executives?

    AB Volvo's key executives are Martin Lundstedt, Jan Gurander and Bruno Blin.

  • How many employees does AB Volvo have?

    AB Volvo has 105,175 employees.

  • What is AB Volvo revenue?

    Latest AB Volvo annual revenue is kr334.7 b.

  • What is AB Volvo revenue per employee?

    Latest AB Volvo revenue per employee is kr3.2 m.

  • Who are AB Volvo competitors?

    Competitors of AB Volvo include PACCAR, Audi and Volkswagen.

  • Where is AB Volvo headquarters?

    AB Volvo headquarters is located at Gropegårdsgatan 2, Göteborg.

  • Where are AB Volvo offices?

    AB Volvo has an office in Göteborg.

  • How many offices does AB Volvo have?

    AB Volvo has 1 office.