Volvo AB operates within the Truck trailers sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Volvo AB with three other
truck and trailer manufacturers in Europe:
sales of 103.93 billion Swedish Kronor [US$11.81 billion]
Kion Group AG
(5.59 billion Euro [US$6.03 billion]
of which 93%
was Industrial Trucks & Services), and
based in Finland
(3.51 billion Euro [US$3.79 billion]
During the year ended December of 2016, sales at
Volvo AB were SEK 301.91 billion (US$34.31 billion).
decrease of 3.4%
versus 2015, when the company's sales were SEK 312.52 billion.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Volvo AB had sales
of SEK 310.37 billion.
Contributing to the drop in overall sales was the 8.1% decline
in Other and Eliminations, from SEK 7.15 billion to SEK 6.57 billion.
There were also decreases in sales in
Global Trucks (down 5.6% to SEK 200.12 billion)
Construction Equipment (down 0.4% to SEK 50.49 billion)
However, these declines were partially offset by the increase in sales of
Buses (up 6.9% to SEK 24.40 billion)
Financial Services (up 1.2% to SEK 10.77 billion)
Volvo Penta (up 4.8% to SEK 9.58 billion)