GÖTEBORG, Sweden, Feb. 25, 2022 /PRNewswire/ -- Volvo Group
today published the Annual and Sustainability Report 2021 on
www.volvogroup.com. During the year, the Volvo Group
continued to deliver good profitability and took several important
steps in the efforts to lead the transition to a climate-neutral
transport system.
"We have a wide range of electric trucks, buses and machines on
the market, high market shares and great interest from our
customers. Together with our customers and partners we are in a
strong position to lead the transformation of our industry towards
a more sustainable future," says Martin
Lundstedt, President and CEO.
In 2021, the Group's net sales increased to SEK 372 billion and the adjusted operating income
to SEK 41 billion with an adjusted
operating margin of 11.0%. Return on capital employed in the
Industrial Operations increased to 25.3%.
February 25, 2022
Journalists wanting further information, please
contact:
Claes Eliasson, Volvo Group Media
Relations, +46 76 553 72 29
For more information, please visit volvogroup.com
For frequent updates, follow us on Twitter: @volvogroup
The Volvo Group drives prosperity through transport and
infrastructure solutions, offering trucks, buses, construction
equipment, power solutions for marine and industrial applications,
financing and services that increase our customers' uptime and
productivity. Founded in 1927, the Volvo Group is committed to
shaping the future landscape of sustainable transport and
infrastructure solutions. The Volvo Group is headquartered in
Gothenburg, Sweden, employs almost
95,000 people and serves customers in more than 190 markets. In
2021, net sales amounted to SEK 372
billion (EUR 37 billion).
Volvo shares are listed on Nasdaq Stockholm.
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abvolvo-2021-12-31-en.zip
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https://news.cision.com/ab-volvo/i/ab-volvo-annual-and-sustainability-report,c3017112
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ab-volvo-annual-and-sustainability-report
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https://mb.cision.com/Public/39/3514516/b6b209dbe8fd691c.pdf
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220225-ab-volvo-annual-and-sustainability-report-2021-en
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SOURCE AB Volvo