Volvo Car AB

Financial Performance

• Revenue decreased by 12% to SEK 72.6 (82.9) bn, primarily due to unfavorable foreign exchange rates and sales mix/pricing.
• EBIT amounted to SEK 1.6 (1.9) bn, with an EBIT margin of 2.2 (2.3)%.
• Basic earnings per share was SEK 0.54 (0.40).
• Operating and investing cash flow was SEK –10.0 (–6.3) bn, reflecting seasonality and inventory ramp-up…