Reported Earnings • 16h
Second quarter 2026 earnings released: EPS: kr0.42 (vs kr2.53 loss in 2Q 2025) Second quarter 2026 results: EPS: kr0.42 (up from kr2.53 loss in 2Q 2025). Revenue: kr77.7b (down 17% from 2Q 2025). Net income: kr1.26b (up kr8.77b from 2Q 2025). Profit margin: 1.6% (up from net loss in 2Q 2025). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Auto industry in Europe. New Risk • Jun 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Buy Or Sell Opportunity • Jun 12
Now 21% overvalued Over the last 90 days, the stock has fallen 7.1% to €1.95. The fair value is estimated to be €1.62, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 49%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings are also forecast to grow by 34% per annum over the same time period. Buy Or Sell Opportunity • May 19
Now 24% overvalued Over the last 90 days, the stock has fallen 16% to €2.04. The fair value is estimated to be €1.65, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 49%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings are also forecast to grow by 34% per annum over the same time period. Buy Or Sell Opportunity • May 05
Now 21% overvalued Over the last 90 days, the stock has fallen 25% to €2.09. The fair value is estimated to be €1.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 49%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings are also forecast to grow by 34% per annum over the same time period. Reported Earnings • May 01
First quarter 2026 earnings released: EPS: kr0.54 (vs kr0.41 in 1Q 2025) First quarter 2026 results: EPS: kr0.54 (up from kr0.41 in 1Q 2025). Revenue: kr72.6b (down 13% from 1Q 2025). Net income: kr1.61b (up 34% from 1Q 2025). Profit margin: 2.2% (up from 1.5% in 1Q 2025). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Auto industry in Europe. Board Change • Apr 16
High number of new directors Director Natalie Knight was the last director to join the board, commencing their role in 2026. Announcement • Apr 02
Volvo Car AB Announces Board Appointments, Effective July 1, 2026 Volvo Car AB announced that Natalie Knight and Markus Schäfer were elected as new Board members, with effect as of 1 July 2026. Reported Earnings • Feb 07
Full year 2025 earnings released: EPS: kr0.059 (vs kr5.17 in FY 2024) Full year 2025 results: EPS: kr0.059 (down from kr5.17 in FY 2024). Revenue: kr357.3b (down 11% from FY 2024). Net income: kr174.0m (down 99% from FY 2024). Profit margin: 0% (down from 3.8% in FY 2024). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Auto industry in Europe. Announcement • Jan 16
Volvo Car AB (publ.) to Report Q3, 2026 Results on Oct 23, 2026 Volvo Car AB (publ.) announced that they will report Q3, 2026 results at 7:00 AM, Central European Standard Time on Oct 23, 2026 Announcement • Jan 07
Volvo Car AB (Publ.) Appoints Thomas Ingenlath as Chief Design Officer, Effective from February 1, 2026 Volvo Car AB (publ.) announced the appointment of Thomas Ingenlath as Chief Design Officer, effective from 1 February 2026. Thomas Ingenlath will join the Executive Management Team and lead Volvo Cars' global design organisationacross the product portfolio. Thomas Ingenlath previously served as Senior Vice President Design at Volvo Cars, where he played a central role in shaping the company's contemporary Scandinavian design identity and establishing design as a defining element of the brand. More recently, as CEO of Polestar, he led the creation of a design-led, electrified performance brand from its early stages, translating progressive ideas into production vehicles in a highly competitive market. Announcement • Dec 09
Volvo Car AB (Publ.) Appoints Pieter Nota and Caroline Grégoire-Sainte-Marie as New Board Members Volvo Car AB (publ.) at its Extraordinary General Meeting held on 8 December 2025, announced that Pieter Nota and Caroline Grégoire-Sainte-Marie were elected as new Board members until the end of the next Annual General Meeting. Announcement • Oct 24
Volvo Car AB (Publ.) Announces Good Progress on Regionalisation and Electrification In China, Volvo Cars successfully launched the XC70 next-generation long-range hybrid in August. The encouraging customer response demonstrates that this car clearly meets demand from Chinese customers. In the US, the company announced that it will add a new hybrid model to its South Carolina manufacturing plant before the end of this decade. This new model comes in addition to plans for local production of the best-selling XC60. Together, these cars will improve capacity utilisation at the South Carolina plant to better serve the US market. Volvo Cars continues to move towards an electric future, and it is steadily expanding its portfolio of fully electric cars. The ES90 is on the road, production of the EX90 flagship SUV continues to ramp up after comprehensive software updates, and the Ghent plant in Belgium is increasing EX30 production in the EU. The company is also gearing up for the reveal of the all-new, born-electric EX60 SUV in January 2026 and the start of production after that. Final road testing is currently underway and the EX60 will be a crucial entry for Volvo Cars in the largest and most popular electric segment. This car will strengthen the company's position in the fully electric market and underpin its growth plans in the mid-size SUV segment. Announcement • Oct 23
Volvo Car AB (publ.) to Report Q2, 2026 Results on Jul 17, 2026 Volvo Car AB (publ.) announced that they will report Q2, 2026 results on Jul 17, 2026 Announcement • Jul 17
Volvo Car AB Appoints Jonas Samuelsson as New Member and Chairperson of Audit Committee Volvo Car AB (publ) announced that Jonas Samuelsson has been appointed as a new member and Chairperson of the Audit Committee of the company's Board of Directors. Jonas Samuelsson has been a member of the Board since 2020 and is also the Chairperson of the Board's People Committee, a role he will continue to hold. Announcement • Jul 02
Volvo Car AB (publ.) (OM:VOLCAR B) completed the acquisition of remaining unknown minority stake in Novo Energy Ab from Northvolt AB. Volvo Car AB (publ.) (OM:VOLCAR B) signed a share purchase agreement to acquire remaining unknown minority stake in Novo Energy Ab from Northvolt AB on January 25, 2025. Upon completion leading to Volvo Cars taking full ownership of NOVO Energy AB. Upon completion of the transaction, there are no outstanding claims between the companies. Additionally, Volvo Cars and Northvolt AB have signed a framework agreement, exploring how the companies could work together in the future, including potential future supply opportunities in North America. The transaction under the share purchase agreement is subject to clearance from the United States Bankruptcy Court for the Southern District of Texas and the Inspectorate of Strategic Products in Sweden, with both parties responsible for fulfilling agreed prerequisites. The transaction will close once all conditions are met. Under current plans, approval and transaction completion may occur during the second quarter 2025.
Volvo Car AB (publ.) (OM:VOLCAR B) completed the acquisition of remaining unknown minority stake in Novo Energy Ab from Northvolt AB on July 1, 2025. The onboarding of the NOVO R&D staff into the Volvo Group organization begins immediately. The laboratory and all staff members will remain in its current facilities in Gothenburg. Announcement • Jun 27
Volvo Cars Announces Nomination Committee Changes Volvo Car AB (publ.) announced that the Nomination Committee has convened after Geely Sweden Holdings AB announced that it has appointed Lone Fønss Schrøder and Per Ansgar as its new representatives in Volvo Cars' Nomination Committee, replacing Thomas Johnstone and Yimin Chen, who have resigned. In line with the principles adopted by Volvo Cars' Annual General Meeting and based on the shareholder information as of 30 August 2024 the Nomination Committee now consists of the following members: Lone Fønss Schrøder, appointed by Geely Sweden Holdings AB (new); Per Ansgar, appointed by Geely Sweden Holdings AB (new); Anders Oscarsson, appointed by AMF as the second largest shareholder; Emilie Westholm, appointed by Folksam as the third largest shareholder; Eric Li, Chairperson of the Board of Volvo Car AB. Lone Fønss Schrøder will be the Chairperson of the Nomination Committee. Announcement • May 20
Volvo Car AB (publ.) to Report Q1, 2026 Results on Apr 29, 2026 Volvo Car AB (publ.) announced that they will report Q1, 2026 results at 7:00 AM, Central European Standard Time on Apr 29, 2026 Announcement • Apr 26
Volvo Cars Announces CFO Changes Volvo Cars announced that Fredrik Hansson has been appointed Chief Financial Officer (CFO), effective April 24, 2025. Fredrik has served as the Head of Global Controlling and Performance Steering since 2021 and was named Deputy CFO and a member of the Group Management team in 2023. The CFO at Volvo Cars plays a crucial role in shaping the company's financial strategy, overseeing global controlling, treasury, accounting, tax, group reporting, and corporate finance initiatives as well as investor relations. As a member of the Executive Management Team, the CFO contributes to strategic decision-making and ensures the company's financial health in a competitive and rapidly evolving market. Prior to joining Volvo Cars, Fredrik was a partner at McKinsey & Company, where he worked globally within the automotive industry and Volvo Cars, on strategy, corporate finance, digital transformations, and efficiency improvements. Fredrik combines a deep understanding of the company with extensive experience in strategy, performance management and large-scale efficiency programmes in the broader mobility and automotive industry. Fredrik holds a Master's degree in Finance from the School of Business, Economics and Law at the University of Gothenburg. Volvo Cars' current CFO, Johan Ekdahl, will be taking his next step outside of the company. During his nearly 10 years at Volvo Cars, Johan has held roles as Head of Accounting and Group Reporting as well as other finance roles besides the CFO position. Announcement • Apr 04
Volvo Car AB (publ.) to Report Q4, 2025 Results on Feb 05, 2026 Volvo Car AB (publ.) announced that they will report Q4, 2025 results at 7:00 AM, Central European Standard Time on Feb 05, 2026 Announcement • Apr 03
Volvo Car AB (Publ.) Approves the Election of Håkan Samuelsson as New Board Member At the Annual General Meeting (the "AGM") of Volvo Car AB (publ) on 3 April 2025, Håkan Samuelsson was elected as new Board member. Announcement • Mar 31
Volvo Car AB (publ) Announces CEO Changes The Board of Directors of Volvo Cars has appointed Håkan Samuelsson as Chief Executive Officer. Håkan will serve a two-year term, starting April 1, 2025. This ensures stability while preparing to appoint a long-term successor. Håkan Samuelsson served on the Volvo Cars Board from 2010 and as CEO from 2012 to 2022. During his leadership, Volvo Cars was successfully repositioned as a global premium automotive brand and publicly listed. Subsequently, he served as Chairperson of Polestar until 2024. This leadership transition comes at a pivotal time for both Volvo Cars and the wider automotive industry. With fast-moving technological shifts, growing geopolitical complexity, and intensifying competition across regions, the Board believes the company is best served by leadership with deep industrial experience, deep knowledge of group, and a proven ability to execute in challenging environments. Jim Rowan, who has served as CEO since 2022, will step down on March 31, 2025, and leave the Volvo Cars Board on the same date. Håkan Samuelsson will be proposed as a new member of the Volvo Cars Board at the upcoming Annual General Meeting. Announcement • Feb 28
Volvo Car AB (publ.), Annual General Meeting, Apr 03, 2025 Volvo Car AB (publ.), Annual General Meeting, Apr 03, 2025, at 13:00 W. Europe Standard Time. Location: at volvohallen, gunnar engellaus vag 2, se-418 78 gothenburg, Sweden Announcement • Aug 01
Volvo Car AB (publ.) (OM:VOLCAR B) acquired remaining 40% stake in HaleyTek AB from ECARX Holdings Inc. (NasdaqGM:ECX). Volvo Car AB (publ.) (OM:VOLCAR B) acquired remaining 40% stake in HaleyTek AB from ECARX Holdings Inc. (NasdaqGM:ECX) on August 1, 2024. Following the transaction, HaleyTek is a fully-owned subsidiary of Volvo Cars. HaleyTek will operate as a standalone company, with its operations in its Gothenburg facilities.
Volvo Car AB (publ.) (OM:VOLCAR B) completed the acquisition of remaining 40% stake in HaleyTek AB from ECARX Holdings Inc. (NasdaqGM:ECX) on August 1, 2024. 
