BRIEF-Volvo Q2 Adjusted Operating Income At SEK 14.8 Billion
July 17 (Reuters) - Volvo AB VOLVb.ST:
Q2 ADJUSTED OPERATING MARGIN 11.7%
Q2 EPS SEK 5.1
Q2 ADJUSTED OPERATING INCOME SEK 14,800 MILLION VS. IBES ESTIMATE SEK 13,630 MILLION
Q2 REVENUE SEK 126,300 MILLION VS. IBES ESTIMATE SEK 123,837 MILLION
Q2 ORGANIC SALES GROWTH OF 7%
HEADWINDS FROM US TARIFF COSTS,HIGHER FREIGHT AND MATERIAL COSTS MORE THAN OFFSET BY STRONGER SERVICE BUSINESS, FAVORABLE BRAND, MARKET MIX
Q2 NET TRUCKS ORDER INTAKE 63,412 TRUCKS VERSUS 47,761 TRUCKS YEAR AGO
DURING Q2 2026, NET US TARIFF IMPACT WAS SEK 1.2 BILLION NEGATIVE
COMPARED WITH Q2 2025, CURRENCY MOVEMENTS HAD POSITIVE IMPACT OF SEK 491 M
IN Q3 2026, FORECASTED NET IMPACT ON OPERATING INCOME FROM US TARIFFS OF SEK 1.1 BILLION TO BE FULLY OFFSET BY IEEPA REFUND FILED IN JULY
NORTH AMERICAN RETAIL TRUCK SALES THROUGH MAY WERE 18% LOWER THAN IN PRIOR YEAR
TRUCKS: CHINESE MARKET GREW BY 14% COMPARED WITH PRIOR YEAR
2026 EUROPEAN TRUCK MARKET FORECAST: 315,000 UNITS (EARLIER VIEW 310,000)
SEES 2026 CHINA CONSTRUCTION EQUIPMENT MARKET AT +5% TO +15% (EARLIER VIEW 0% TO +10%)
Source text: ID:nWkr1sflP3
Further company coverage: [VOLVb.ST]
