Page 132 - MOTORINDIA June 2012

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130
MOTORINDIA
l June 2012
Volvo Group’s
impressive show with
growingmarketshare
worldwide
For the full year 2011, the Volvo Group
generated the highest-ever net sales,
operating income and operating margin
to date. Mr. Olof Persson, President and
CEO, Volvo Group, says: “We put the
best year ever under our belt, and I can
proudly state that all the hard work of
the Volvo Group’s employees to deliver
the best products, services and after-
sales service generated results.”
Net sales rose to SEK 310 billion (265), operating
income improved to SEK 26.9 billion (18.0) and the
operating margin was 8.7 per cent (6.8). At the same
time, return on operating capital in the Industrial Op-
erations rose to 28.8 per cent and on shareholders’
equity in the Group to 23.1 per cent. “We
have now taken the first steps on a jour-
ney which will be full of challenges,
but I am convinced that there is
potential to increase sales and
improve profitability over
time”, he adds.
The Volvo brand reaped
great success and in the
heavy-duty segment in
vehicle zone
Mr. Olof Persson, President and CEO, Volvo Group
Focus on Truck industry