Volvo – three months ended March 31, 2006
• Net sales increased by 15% to SEK 60,172 M (52,253) • Income for the period increased by 23% to SEK 3,998 M (3,248) • Earnings per share rose by 24% to SEK 9.84 (7.93) before dilution • Group operating margin improved to 9.0% (8.7) • Operating cash flow, excluding Financial Services, amounted to a negative SEK 0.4 billion (neg: 1.3 billion) • Acquisition of 13% of the shares in Nissan Diesel, with an option to acquire an additional 6% • Strong demand for the new generation of trucks First three months 2006 2005 Net sales, SEK M 60,172 52,253 Operating income, SEK M 5,430 4,536 Income