Volvo AB (B) Stock , VOLVF

	2023	2024	2025	2026
Revenue	471,862	468,221	494,850	410,203
Dividend	14.15	15.15	17.51	7.94
Dividend Yield (in %)	6.84 %	7.33 %	8.47 %	3.84 %
EPS	17.67	17.89	19.66	17.91
P/E Ratio	11.09	10.95	9.96	10.94
EBIT	48,934	49,619	55,000	47,342
EBITDA	67,860	68,852	75,833	67,972
Net Profit	35,747	35,727	40,009	32,213
Net Profit Adjusted	36,392	37,092	39,364	36,338
Pre-Tax Profit	48,297	49,226	54,251	-
Net Profit (Adjusted)	48,464	49,243	53,418	-
EPS (Non-GAAP) ex. SOE	-	-	-	-
EPS (GAAP)	17.71	17.99	19.36	15.88
Gross Income	113,265	112,304	120,421	-
Cash Flow from Investing	-19,211	-19,404	-21,337	-
Cash Flow from Operations	53,028	55,976	59,310	-
Cash Flow from Financing	-18,465	-16,638	-10,508	-
Cash Flow per Share	26.79	26.34	28.23	24.96
Free Cash Flow	32,262	35,067	34,050	-
Free Cash Flow per Share	17.12	18.03	-	-
Book Value per Share	82.46	87.80	90.80	71.68
Net Debt	-68,886	-76,946	-84,942	-
Research & Development Exp.	23,929	24,116	26,446	-
Capital Expenditure	17,702	18,053	20,563	-
Selling, General & Admin. Exp.	39,252	39,063	39,450	-
Shareholder’s Equity	165,957	174,195	184,362	-
Total Assets	534,217	539,315	557,859	-

	Previous Quarter ending 12/31/22	Current Quarter ending 03/31/23	Next Quarter ending 06/30/23	Current Year ending 12/31/23	Next Year ending 12/31/24
Earnings Estimates
No. of Analysts	11	10	10	20	20
Average Estimate	4.778 SEK	5.070 SEK	5.722 SEK	17.667 SEK	17.892 SEK
Year Ago	3.930 SEK	3.460 SEK	5.140 SEK	16.090 SEK	17.667 SEK
Publish Date	1/26/2023	4/20/2023	7/19/2023	-	-
Revenue Estimates
No. of Analysts	12	10	10	20	20
Average Estimate	120,713 SEK	115,488 SEK	122,504 SEK	471,862 SEK	468,221 SEK
Year Ago	102,400 SEK	105,300 SEK	118,900 SEK	473,500 SEK	471,862 SEK
Publish Date	1/26/2023	4/20/2023	7/19/2023	-	-

* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet

Volvo Dividend Calendar

Date	Name	Dividend	*yield	Currency
2022	Volvo AB (B)	7.00	3.71	SEK
2021	Volvo AB (B)	6.50	3.10	SEK
2020	Volvo AB (B)	6.00	3.10	SEK
2019	Volvo AB (B)	-	-	SEK
2018	Volvo AB (B)	5.00	4.31	SEK
2017	Volvo AB (B)	4.25	2.78	SEK
2016	Volvo AB (B)	3.25	3.05	SEK
2015	Volvo AB (B)	3.00	3.79	SEK
2014	Volvo AB (B)	3.00	3.54	SEK
2013	Volvo AB (B)	3.00	3.55	SEK
2012	Volvo AB (B)	3.00	3.38	SEK
2011	Volvo AB (B)	3.00	3.98	SEK
2010	Volvo AB (B)	2.50	2.11	SEK
2009	Volvo AB (B)	-	-	SEK
2008	Volvo AB (B)	2.00	4.66	SEK
2007	Volvo AB (B)	5.50	5.07	SEK

*Yield of the Respective Date

Volvo AB (B) Calendar

Event	Estimate	Info	Date
Annual General Meeting	-	Annual General Meeting	04/04/2023
Earnings Report	5.070 SEK	Q1 2023 Earnings Release	04/20/2023
Earnings Report	5.722 SEK	Q2 2023 Earnings Release	07/19/2023
Earnings Report	-	Q3 2023 Earnings Release	10/18/2023
Earnings Report	-	Q4 2023 Earnings Release	01/31/2024
Earnings Report	-	Q1 2024 Earnings Release	04/23/2024
Earnings Report	-	Q2 2024 Earnings Release	07/17/2024
Earnings Report	-	Q3 2024 Earnings Release	10/18/2024

Volvo AB (B) Past Events

Event	Actual EPS	Info	Date
Earnings Report	3.260 SEK	Q4 2022 Earnings Release	01/26/2023
Shareholders' Meeting	-	-	04/06/2022

Volvo Profile

Volvo AB engages in the design, manufacture, and market of commercial vehicles. It operates through the following segments: Trucks, Construction Equipment, Buses, Volvo Penta, and Group Functions and Other. The Trucks segment includes the production, development, and logistics for powertrain and parts. The Volvo Penta segment markets marine and industrial engines. The Group Functions and Other segment encompasses Volvo Group IT and Volvo Group Real Estate. The company was founded by Assar-Thorvald Nathanael-Gabrielsson and Erik Gustaf Larson in 1927 and is headquartered in Goteborg, Sweden.

Moody’s Daily Credit Risk Score

Risk

Low
Medium
High

Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.

Volvo Shareholder

Owner	in %
Freefloat	94.00
Shu Fu Li	4.96
Alecta Pension Insurance Mutual	3.07
Government Pension Fund - Global (The)	2.86
Norges Bank Investment Management	2.67
AMF Fonder AB	2.66
Första AP-fonden	1.65
Forsta AP Fonden	1.35
Vanguard Total International Stock Index Fund	1.34
American Funds New Perspective Fund	1.14
Didner & Gerge Aktiefond	1.06
Didner & Gerge Fonder AB	1.06
Industrivärden AB (Investment Company)	0.92
Tredje AP-fonden	0.77
Fidelity Management & Research Co. LLC	0.60

Shareholder percentage totals can add to more than 100% because some holders are included in the free float.

Volvo Management

Name	Job
Lars Stenqvist	CTO & Executive VP-Group Trucks Technology
Carl-Henric Svanberg	Chairman
Scott Rafkin	Chief Digital Officer & Executive Vice President
Jan Olof Ytterberg	Chief Financial Officer
Andrea Fuder	Chief Purchasing Officer & EVP-Trucks Purchasing
Mari Larsson	Deputy Director
Camilla Johansson	Deputy Director
Hannah Burgess	Dir.-New Vehicle Sales, Volvo Trucks UK & Ireland
Mats Henning	Director
Mikael Sällström	Director
Lars Ask	Director
Johan Bartler	Director-Investor Relations
Roger Alm	Executive Vice President
Joachim Henry Rosenberg	Executive Vice President
Martin Paul Weissburg	Executive Vice President
Marcio Pedroso	Executive Vice President
Bruno Blin	Executive Vice President
Diana Niu	Executive Vice President-Group Human Resources
Nina Karin Jenny Aresund	Executive Vice President-Group Legal & Compliance
Jens Holtinger	Executive Vice President-Group Truck Operations
Klas Lennart Melker Jernberg	Executive Vice President-Volvo Group
Helena Stjernholm	Independent Director
Martina Merz	Independent Director
Matti Juhani Alahuhta	Independent Director
Jan Carlson	Independent Director
Hanne Jimenez de Mora	Independent Director
Martha Finn Brooks	Independent Director
Kathryn V. Marinello	Independent Director
Eric A. Elzvik	Independent Director
Kurt Jofs	Independent Director
Martin Lundstedt	President, Chief Executive Officer & Director
Sofia Frändberg	Secretary
Phil Wilkes	Used Truck Director-Volvo Trucks UK Ireland
Victoria Woyland	Vice President- Connected Solutions