Volvo (VOLVB SS) Q1 (SEK): Operating Profit 12.1bln (exp. 11.6bln), Net Sales 110.7bln (prev. 121.9bln), EPS 4.09 (prev. 4.86).
Importance
Level 1
- Order Intake: 62.7k vehicles (prev. 55.3k)
- Deliveries: 47.5k vehicles (prev. 48.8k)
CEO
- "While the recent geopolitical turmoil, and the Middle East conflict, have not caused any major disruptions in our supply chain, we are keeping a watchful eye on whether they will begin to affect demand and the global economy more broadly"
Guidance
- Q2, net tariff effect is expected to be c. 1.2bln negative, around half impacting construction equipment.