Volvo Cars reports Q1 2025 results, launches SEK 18 billion cost and cash action plan
· Q1 revenue was SEK 82.9 bn (SEK 93.9 bn in Q1 2024) · Q1 operating income (excl. JVs and associates) was SEK 1.9 bn (SEK 6.8 bn in Q1 2024) · Q1 operating income was SEK 1.9 bn (SEK 4.7 bn in Q1 2024) · Q1 EBIT margin (excl. JVs and associates) was 2.3 per cent (7.2 per cent in Q1 2024) · Q1 EBIT margin was 2.3 per cent (5.0 per cent in Q1 2024) · Q1 basic earnings per share was 0.40 SEK (1.12 SEK in Q1 2024) · Q1 fully electric car sales share at 19 per cent (21 per cent in Q1 2024) · Q1 electrified car sales share at 43 per cent (41 per cent in Q1 2024)
Volvo
