Jul 17, 2025 / 07:00AM GMT
Johan Bartler - Volvo AB - Director at Investor Relations
Good morning, and welcome to this second quarter presentation. Today, we will cover the second quarter of the Volvo Group. And we will do, as always, we'll listen to our CEO, Martin Lundstedt, followed by our CFO, Mats Backman, and then follow up with a Q&A session. So without further ado, 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 introduction and also welcome from my side. And to start with, this second quarter has been characterized by a general stabilization in European markets, and more of uncertainty and wait-and-see mode among customers in North America. We did see a solid performance with an adjusted operating margin of 11%.
The societal transformation, not at least in Europe, to zero-emission solutions is slower than anticipated, and therefore, also one-off costs have had a negative impact on the reported operating income. Across the group, we have continued to
Q2 2025 Volvo AB Earnings Call Transcript
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