Volvo Group – the second quarter 2021
“During Q2 2021, demand for the Volvo Group’s products and services continued to be good. Net sales amounted to SEK 90.6 billion and we delivered an adjusted operating income of SEK 9.7 billion. In a quarter when shortages of semiconductors as well as other production materials resulted in substantial production stoppages affecting both volumes and costs negatively, we achieved an adjusted operating margin of 10.7%,” says Martin Lundstedt, President and CEO.· In Q2 2021, net sales increased by 24% to SEK 90.6 billion (73.2). Adjusted for currency movements and the divestment of UD Trucks,