Q4 2024 Volvo AB Earnings Call Transcript

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Jan 29, 2025

Jan 29, 2025 / 08:00AM GMT
Johan Bartler - Volvo AB - Director, Investor Relations

So good morning, and welcome to this fourth quarter press conference. Today, we will listen to the presentations by Martin and Mats and then follow up with a Q&A session.

So with that, I hand over to you, Martin.

Martin Lundstedt - Volvo AB - President, Chief Executive Officer, Member of the Group Executive Board, Director

Thank you, Johan, for that. And also welcome from my side to everyone here in the room and also online. Great to have you here.

First and foremost, I will come back to the full year '24 later. But as we also concluded the fourth quarter, I would like to start by thanking everyone that has been involved. It has been an interesting year to say the least. So big thanks to customers, business partners and colleagues for a continued good cooperation and work. And we are still in uncertain times, so strong and close relations are more important than ever.

As expected, the normalization of demand continued into a replacement-driven market across many of the group

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