Volvo Cars reports record core operating profit of SEK 8.2 billion in Q2 2024
· Q2 operating profit (excl. JVs and associates) was SEK 8.2 bn, up 28 per cent vs Q2 2023 · Q2 operating profit was 8.0 bn SEK, up 60 per cent vs Q2 2023 · Q2 EBIT margin (excl. JVs and associates) was 8.1 per cent, vs 6.3 per cent in Q2 2023 · Q2 EBIT margin was 7.9 per cent, vs 4.9 per cent in Q2 2023 · Q2 revenue was 101.5 bn SEK, vs 102.2 bn SEK in Q2 2023 · Q2 basic earnings per share was 1.79 SEK, vs 1.12 SEK in Q2 2023 · Q2 electrified share of sales at 48 per cent, vs 39 per cent in Q2 2023 · Q2 fully electric car sales share at 26 per cent, vs 16 per cent in