Volvo Cars reports all-time high revenue and profitability for the full year 2021
· Revenue FY SEK 282. bn (262.8), Q4 SEK 80.1 bn (85.3) · Operating income FY SEK 20.3 bn (8.5), Q4 SEK 3.7 bn (4.9) · EBIT margin FY 7.2% (3.2), Q4 4.6% (5.8) · EBIT margin excluding share of income from joint ventures and associates FY 7.5% (3.4), Q4 7.1% (5.8) · Basic earnings per share FY SEK 4.72(2.28), Q4 SEK 0.66 (1.92) · Retail sales FY up 6% to 698,700 cars, Q4 down 20% to 168,000 cars · Electrified ‘Recharge’ line-up accounted for 34% of total sales in Q4 Volvo Cars today reported an all-time high revenue and profitability for the full year 2021. The demand