Volvo seen to edge up on Q2 beat amid soaring truck orders

Volvo AB

17/07/2026 07:52

** Shares in Volvo VOLVb.ST are expected to rise 1-4% after the Swedish group posted  its Q2 results above expectations with truck orders rising by a third
** The truckmaker's sales in the quarter of 126.27 billion Swedish crowns ($13.09 billion) and adjusted EBIT of 14.78 billion crowns beat consensus estimates by 1% and 2% respectively, per RCH
** Order intake for trucks rises 33% in the quarter to  63,412, against a consensus expectation of 53,400
** "Orders surprised to the upside in the Trucks and CE as the divisions both benefit from cyclical recovery, indicating that profitability can improve from already solid levels", RCH says
** Volvo raises outlook for orders in European truck market to 315,000 units from 310,000 seen earlier, which J.P.Morgan says shows positive momentum in the market
($1 = 9.6452 Swedish crowns)

 (Reporting by Boleslaw Lasocki)
 ((boleslaw.lasocki@thomsonreuters.com))