14:41 - 17.07.2026

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\July 17, Fineko/abc.az. Volvo Group (Sweden) increased adjusted operating profit for the 2nd quarter up to 14.78 billion kroners (from 13.48 billion kroners a year earlier). The margin grew up to 11.7%, revenue by 3% (up to 126.27 billion kroners), with organic growth in sales by 7%.

Growth was driven by strong demand for trucks in Europe and North America and increased service business, which offset the impact of US tariffs and cost increases. Net orders for trucks increased by 33% (63,412 orders) and deliveries by 6%.

The negative impact of US tariffs amounted to 1.2 billion kroners, compared to 200 million kroners a year earlier. Company's operating profit reached 13.48 billion kroners (10.7% margin), compared to 9.96 billion kroners a year earlier.