Detail akcie Volvo Car Rg online

Business Summary: Volvo Car AB is a Sweden-based automotive brand. Volvo Car Group is focused on the design, engineering, manufacturing, distribution and sale of passenger cars, with particular focus on sustainability, fully electric cars and direct consumer relations, including subscription and other new mobility services. Volvo Car Group’s addressable market is the global premium passenger car market. Moreover, the Company’s intention is to be a pure electric car company and as a result it is undergoing a shift in its business model to a direct sales model in most of its markets. Volvo Cars’ commitment to electrification also results in the launch of Polestar, a progressive stand-alone electric performance car brand, in which Volvo Cars owns shares. Volvo Cars also holds shares in the automotive brand LYNK&CO, which focuses on young open-minded urban people through a flexible customer offering.
Financial Summary: BRIEF: For the nine months ended 30 September 2024, Volvo Car AB revenues increased 53% to SEK288.12B. Net income increased 95% to SEK12.9B. Revenues reflect Rest of Europe segment increase of 75% to SEK73.04B, US segment increase of 38% to SEK50.21B. Net income benefited from Research & Development Expenditure, Cap increase of 53% to SEK13.71B (income), associates decrease of 22% to SEK2.26B (expense).