Brief: Volvo Reports Q4 Earnings At SEK 12.77 Bln, Raises Truck Market Forecast For Europe, N.America

Volvo AB

28/01/2026 06:27

Jan 28 (Reuters) - Volvo AB VOLVb.ST:

Q4 EPS SEK 4.73

Q4 VOLVO Q4 REVENUE SEK 123,800 MILLION

Q4 ADJUSTED OPERATING INCOME SEK 12,769 MILLION

PROPOSES ORDINARY DIVIDEND OF SEK 8.50 PER SHARE

2026 EUROPEAN TRUCK MARKET FORECAST: 305,000 UNITS (EARLIER VIEW 295,000)

IN Q4, NET TARIFF IMPACT WAS NEGATIVE IN AN AMOUNT OF APPROXIMATELY SEK 800 M

2026 N. AMERICAN TRUCK MARKET FORECAST:  265,000 UNITS (EARLIER VIEW 250,000)

IN Q1, NET TARIFF IMPACT IS EXPECTED TO BE NEGATIVE IN AMOUNT OF APPROXIMATELY SEK 1 BILLION

PROPOSES EXTRA DIVIDEND OF SEK 4.50 PER SHARE

2026 BRAZILIAN TRUCK MARKET FORECAST UNCHANGED

COMPARED WITH Q4 2024, CURRENCY MOVEMENTS, HAD NEGATIVE IMPACT OF SEK 2,072 MILLION

SEES 2026 CHINA CONSTRUCTION EQUIPMENT MARKET AT 0% TO +10%  % (EARLIER VIEW -5% TO +5%)

CYCLICAL DOWNTURN THAT BEGAN IN MANY MARKETS IN 2024 CONTINUED, WITH LOWER VOLUMES OF NEW VEHICLES AND MACHINES AS A RESULT

PROPOSES TOTAL DIVIDEND OF SEK 13 PER SHARE VERSUS IBES ESTIMATE SEK 14.50 PER SHARE

ADJUSTED FOR CURRENCY AND DIVESTMENT OF SDLG, NET SALES REMAINED STABLE AND WERE ON SAME LEVEL AS IN PRIOR YEAR

Source text: ID:nWkr7QSyRy

Further company coverage: [VOLVb.ST]

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