Volvo AB (OTCPK:VOLVF)
$ 34.35 +1.35 (+4.09%) Market Cap: 69.15 Bil Enterprise Value: 88.16 Bil PE Ratio: 19.91 PB Ratio: 3.57 GF Score: 90/100

Q4 2022 Volvo AB Pre-Recorded Earnings Presentation Transcript

Jan 26, 2023 / NTS GMT
Release Date Price: $19.84 (-2.41%)
Martin Lundstedt;publ;CEO
AB Volvo;President, Member of the Group Executive Board & Director

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In 2022, we delivered strong growth as well as good profitability and cash flow. For the full year, we increased net sales by over SEK 100 billion to a record high SEK 473 billion and adjusted operating income also to a record high SEK 50.5 billion. Growing sales with SEK 100 billion in a situation where we've had a number of challenges in the macroeconomic environment, geopolitical turmoil and disturbances in the supply chain is a fantastic achievement, and I would like to thank all colleagues, business partners, customers for their hard work, dedication and outstanding professionalism and teamwork.

If we look at quarter 4 isolated, our customers continue to operate with high

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