AB Volvo

Overview

AB Volvo (Volvo) provides commercial transport solutions. The company also manufactures and sells equipment for the construction market as well as drive systems for marine and industrial applications. In addition, it provides industrial information technology (IT) solutions, logistics solutions and support services such as roadside assistance, fuel management, and driver training. The company manufactures a wide range of medium-heavy to heavy trucks for regional transport, long-haul and construction operations under the Volvo, Renault Trucks, Mack Trucks, and UD brands. Volvo operates production facilities in several countries and markets its products worldwide, including Sweden, France, Japan, the US, China, Brazil, and South Korea. Volvo is headquartered in Gothenburg, Sweden.
Key Stats
Address
Gropegardsgatan 2, GOETEBORG, Sweden
Headquarters

Sweden

Contact

46 31 660000

No of Employees

80,784

Industry

Automotive

Ticker Symbol & Exchange​

VOLV B [STO]

Revenue (2020)

$36,780 m

-19.5% (2020 vs 2019)
Net Income (2020)

$2,099 m

-44.7% (2020 vs 2019)
Net Profit Margin

6 %

-31.2% (2020 vs 2019)
Market Cap *

$45,066 m

EPS *

$1

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters AB VolvoVolkswagen AGDaimler AGCaterpillar Inc
Key Information
Headquarters Sweden Germany Germany United States of America
Headquarter City GOETEBORG WOLFSBURG STUTTGART DEERFIELD
Headquarter State/Province - - - Illinois
No. of Employees 80,784 660,038 289,643 97,300
Entity Type Public Public Public Public

Products & Services

Volvo is a manufacturer of trucks, buses, marine drive engines, aerospace components and construction equipment. The company's major products and services include the following:

Products
  • Trucks
  • Buses
  • Components for aircraft and rocket engines
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Services
  • Customer financing
  • Insurance services
  • Treasury operations
  • Etiam Rutrum Elit
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Brands
  • Volvo
  • Renault Trucks
  • UD
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  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Scott Rafkin Executive Vice President; Chief Digital Officer Senior Management 2020 52 Mr. Scott Rafkin has been Executive Vice President and Chief Digital Officer of the company since 2020. Prior to this,...
Martin Lundstedt Director; Chief Executive Officer; President Executive Board 2016 54 Mr. Lundstedt has been the President and Chief Executive Officer of the company since 2015. He assumed the position of...
Lars Stenqvist Executive Vice President - Group Trucks Technology; Chief Technology Officer Senior Management 2016 54 Mr. Lars Stenqvist has been Executive Vice President of Group Trucks Technology and Chief Technology Officer since October 2016. Prior...
Carl-Henric Svanberg Chairman Executive Board 2012 69 Mr. Svanberg has been the Chairman of the company since April 2012. Prior to this, he served as the Chief...
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History

Year Event Description
2021 New Products/Services In January, the company announced the launch of Volvo FM and Volvo FMX trucks with…
2021 Contracts/Agreements In June, Volvo Buses secured a contract from BERNMOBIL for the delivery of full hybrid…
2021 Contracts/Agreements In July, the company along with Daimler Truck and the TRATON GROUP signed an agreement…
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2021 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
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Locations


Volvo do Brasil Veiculos Ltda

Address

Av. Juscelino Kubitscheck de Oliveira, 2600 - Cidade Industrial de Curitiba, Curitiba
Brazil

Telephone

55 41 33178111

Website

www.volvo.com.br
Volvo Construction Equipment North America Inc

Address

7739 1st Ave South, Seattle
United States of America

Telephone

1 2067639300

VE Commercial Vehicles Ltd

Address

# 96, Sector 32, Gurgaon
India

Telephone

91 12 44415600

Website

www.vecv.in
Danafjord AB

Address

ARA, GÖTEBORG, Fastningsvagen
Sweden

Telephone

46 31660400

Volvo Group Canada Inc.

Address

11403 174 St NW, Edmonton
Canada

Telephone

780 451 2680

Mack Trucks Inc

Address

7900 National Service Road, Greensboro
United States of America

Telephone

1 800 8661177

Website

www.macktrucks.com
Volvo Information Technology AB

Address

Assar Gabrielssons Vag, Torslanda, Gothenburg
Sweden

Telephone

46 31 667000

Website

www.volvoit.com
Volvo Car Malaysia Sdn. Bhd.

Address

Suite 20.02 20th Floor, Menara IGB, No. 1, The Boulevard, Mid Valley City, Lingkaran Syed Putra
Malaysia

Telephone

60 320 811333

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
23 Aug 2021 AB Volvo (Volvo Trucks) to Acquire JMC Heavy Duty Vehicle Acquisition AB Volvo JMC Heavy Duty Vehicle Co., Ltd
12 Jul 2021 Volvo Cars to Acquire Additional Stake in Polestar Acquisition AB Volvo Polestar Performance AB
26 Apr 2021 AB Volvo (Volvo Group) to Acquire 60% Stake in Designwerk Technologies Acquisition AB Volvo Designwerk Technologies AG
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30 Oct 2020 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

0.9K

Active Jobs

552

Posted

711

Closed

Job Trends

Latest Jobs

Job title Company Country
Menedżer Serwisu AB Volvo Indonesia
Project Manager AB Volvo United States
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
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