Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Net Income: Breakdown by Business Segment

Geographical Revenue Distribution History

Breakdown by Business Segment (SEK)
Fiscal Period: December 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Heavy Duty Trucks

          

Industrial Operations - Trucks

231B 311B 373B 361B 323B

CAPEX

-10.71B -14.29B - - -

Operating Income

25.57B 33.82B 55.39B 45.83B 31.73B

Total Assets

371B 432B 440B 452B 401B

Interest Expense

-1.17B -1.51B -1.68B -1.59B -1.82B

Income Tax Expense

9.14B 11.21B 15.77B 15.54B 11.67B

CAPEX

- - -13.09B -13.89B -18.34B

EBT

39.9B 44.23B 63B 63.17B 43.52B

Gross Profit

84.01B 105B 142B 135B 108B

D&A

10B 11.52B 8.68B 9.16B 10.39B

Net Income

30.76B 33.02B 47.24B 47.63B 31.85B

- - - - 3.76B

Construction Machinery and Equipment

          

Industrial Operations - Construction Equipment

92.03B 100B 105B 88.3B 81.64B

CAPEX

-1.34B -1.6B - - -

Operating Income

12.23B 13.24B 16.99B 12.74B 10.86B

- - - - 695M

Personal Credit Agencies

          

Financial Services

13.44B 17.36B 24.01B 26.98B 26.47B

Total Assets

181B 235B 270B 298B 275B

Income Tax Expense

807M 901M 1.02B 1.09B 1.02B

CAPEX

-9.3B -9.23B -10.36B -3M -3M

EBT

3.29B 848M 3.72B 4.04B 3.87B

Gross Profit

5.74B 6.71B 7.63B 8.38B 8.35B

D&A

62M 78M 22M 26M 32M

Operating Income

3.28B 3.42B 3.86B 4.04B 3.92B

Net Income

2.48B -53M 2.7B 2.95B 2.85B

- - - - 211M

Buses

          

Industrial Operations - Buses

13.65B 18.58B 22.42B 24.54B 25.07B

CAPEX

-347M -492M - - -

Operating Income

59M 353M 1.06B 2.23B 2.27B

Industrial Operations - Group Functions and Other

13.46B 16.38B 16.81B 16.55B -

Operating Income

-2.26B -2.91B -2.95B -2.94B -

- - - - 1.68B

Sporting and Recreational Goods

          

Industrial Operations - Volvo Penta

14.44B 18.1B 21.01B 19.85B 20.6B

CAPEX

-750M -900M - - -

Operating Income

2.09B 2.53B 3.23B 3.42B 3.59B

- - - - 773M

Industrial Operations - Group Functions & Other Incl. Eliminations

- - - - 6.74B

CAPEX

-590M -825M - - -

Operating Income

- - - - -1.4B

Eliminations

-3.4B -4.16B -5B -4.88B -

Total Assets

-36.36B -37.67B -36.05B -34.95B -27.57B

Interest Expense

4M 307M 518M - -

Income Tax Expense

- - - - -

CAPEX

21M 19M 61M - -

EBT

2M 2M 2M - -

Gross Profit

2M 2M - 371M 258M

Operating Income

53M 12M 55M 32M -

Net Income

1M 1M 2M - -

- - - - 0

Reclassifications and Eliminations

-2.28B -3.58B -4.52B -5.14B -4.8B

Operating Income

2M 2M 2M 371M 258M

Net Income

-456M -247M - - -251M

- - - - -2.82B
Geographical breakdown of sales (SEK)
Fiscal Period: December 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Other Europe

99.59B 118B 149B 134B 115B

Total Assets

27.83B 34.74B 35.4B 38.05B 29.81B

- - - - 26.32B

USA

81.32B 115B 138B 134B 114B

Total Assets

20.52B 25.37B 25.47B 31.56B 26.49B

- - - - 15.43B

Asia (Excl. China)

- 41.96B 51.62B 43.34B 44.1B

Total Assets

- 3.35B 3.49B 3.74B 3.26B

- - - - 16.73B

France

30.81B 36.25B 46.06B 41.54B 35.21B

Total Assets

12.27B 14.44B 14.26B 15.41B 15.17B

- - - - 115B

Brazil

21.79B 37.2B 35.99B 43.33B 31.01B

Total Assets

1.58B 2.23B 3.46B 3.57B 3.81B

UK

17.51B 23.64B 28.09B 29.21B 27.88B

Total Assets

8.4B 7.28B 6.48B 6.4B 6.15B

- - - - 44.1B

North America (Excl. USA)

17.45B 21.66B 26.97B 28.3B 26.32B

Total Assets

1.94B 2.1B 1.93B 2.07B 6.04B

- - - - 114B

Spain

- - - - 16.73B

Total Assets

- - - - 8.64B

- - - - 15.54B

Africa and Oceania (Excl. Australia)

- - - - 15.54B

Total Assets

- - - - 1.41B

- - - - 14.97B

South America (Excl. Brazil)

8.63B 14.54B 13.18B 13.23B 15.43B

Total Assets

482M 554M 532M 562M 523M

- - - - 31.01B

Australia

- - - - 14.97B

Total Assets

- - - - 1.78B

Sweden

10.16B 12.79B 13.9B 11.73B 11.69B

Total Assets

26.44B 26.9B 31.94B 37.75B 43.62B

China

29.68B 22.43B 14.49B 15.44B 11.06B

Total Assets

2.31B 2.38B 1.99B 1.96B 505M

Africa and Oceania

- 29.03B 36.06B 32.84B -

Total Assets

- 3.26B 3.05B 3.25B -

- - - - 27.88B

Japan

5.93B - - - -

Total Assets

- - - - -

Asia (Excl. China & Japan)

27.55B - - - -

Total Assets

3.08B - - - -

- - - - 11.06B

Other Markets

21.8B - - - -

Total Assets

2.66B - - - -

- - - - 35.21B

- - - - 11.69B