Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizen knsgccxr for the clue delivery! CTOnews.com July 21 news, Volvo Group announced second-quarter results, net sales increased 18% to 140.8 billion Swedish kronor (CTOnews.com Note: currently about 97.568 billion yuan). After deducting the effect of exchange rate fluctuations, net sales income increased by 11%.

The adjusted operating profit was SEK 21.732 billion (compared with 13.745 billion in the same period last year) and the adjusted operating margin was 15.4 per cent (11.6 per cent in the same period last year). The adjusted operating profit does not include charges of SEK 1.27 billion for the previously announced restructuring of Nova buses and the negative impact of SEK 6 billion fees related to claims arising from the antitrust settlement agreement of the European Commission.

The reported operating profit was SEK 14.462 billion (compared with 13.745 billion in the same period last year); the positive impact of exchange rate fluctuations on operating profit was SEK 817 million; earnings per share were SEK 5.30 (compared with SEK 5.14 in the same period last year); cash flow from operating activities in the industrial operating sector was SEK 12.553 billion (compared with 7.199 billion in the same period last year). The return on capital in the industrial operations sector was 30.2% (compared with 26.8% in the same period last year).

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