Finance

Volvo Group Anticipates the First Quarter 2024 Financial Report with Media Engagements

GOTHENBURG, Sweden, April 3, 2024 – The esteemed Volvo Group has made public their intentions to release an in-depth financial report for the first quarter of the year 2024. This highly anticipated disclosure is scheduled for April 17, exactly at 7.20 a.m. Central European Summer Time (CEST). Accompanying the release, a press and analysts conference call is slated to commence at 9.00 a.m. CEST, ensuring a comprehensive understanding of the report's contents and implications.

Online Broadcast and Interactive Q&A Session

In a progressive move to foster transparency and stakeholder engagement, Volvo Group's top-tier leadership, including President and CEO Martin Lundstedt and Chief Financial Officer Mats Backman, will spearhead an online presentation. This digital event, featuring the detailed quarterly report, will be further enriched with a live question-and-answer session to address inquiries in real-time. The joint presentation and following Q&A will also be broadcasted at 9.00 a.m. CEST to widen the reach among interested parties.

The complete details of the event can be accessed through the following webcast link, ensuring all interested stakeholders are afforded the opportunity to participate virtually in this significant exchange: Volvo Group Q1 Report Webcast.

Participation Invitation to Press and Analysts

Emphasizing the importance of an interactive dialogue, the Volvo Group extends an invitation to press members and analysts to partake in the press conference via a conference call. To facilitate seamless participation, interested individuals may connect to the call center by dialing +46 10-444 18 30 from 8.00 a.m. CEST.

Exclusive Interviews with the Media

Post the public engagements, Volvo Group also acknowledges the valuable insights that one-on-one interactions hold. As such, individual calls with media representatives have been thoughtfully arranged, starting at 10.15 a.m. CEST. Members of the press seeking tailored discussions or specific commentary are welcome to contact Claes Eliasson, the Head of Media Relations for the Volvo Group. For inquiries or to schedule an interview, the contact information is as provided below.

For additional information or to request a one-on-one call, journalists are encouraged to reach out directly to:

Claes Eliasson Head of Media Relations Phone: +46 76 553 7229 Email: [email protected]

Exploring More About Volvo Group

For those who wish to delve deeper into the realm of Volvo Group and its diverse activities, further enrichment and updates can be found on their official website: volvogroup.com. Additionally, frequent updates and insights into the group's latest endeavors are shared via their Twitter handle @volvogroup.

A Legacy of Driving Prosperity

The Volvo Group's storied legacy spans back to 1927 where it embarked on a journey to drive prosperity through innovative transport and infrastructure solutions. Today, the company’s portfolio boasts a wide spectrum of products and services, including but not limited to, trucks, buses, construction equipment, marine and industrial power solutions. Coupled with these offerings are comprehensive financing and service solutions designed to maximize customers' uptime and productivity.

This business model's success is reflected in its extensive global footprint, with the Volvo Group stationed proudly in Gothenburg, Sweden. A testament to their commitment and global influence is the employment of over 100,000 dedicated individuals, serving a customer base that spans almost 190 markets worldwide. Furthermore, the year 2023 marked a significant milestone in their financial prowess, reaching net sales to the tune of SEK 553 billion (approximately EUR 48 billion). The Volvo Group's shares also find their place in the financial markets, being publicly listed on Nasdaq Stockholm.

The commitment of the Volvo Group extends beyond business metrics, with a profound dedication to shaping a sustainable future for transport and infrastructure. This visionary approach ensures their portfolio not only meets today’s needs but also innovates for a brighter, more sustainable tomorrow.

Access to the Official Announcement and Resources

Cision, the authoritative source for news distribution, is instrumental in making this information available. For those interested in the specifics of this announcement, the original press release can be found at: http://news.cision.com.

Furthermore, the Volvo Group has made available pertinent files for download to provide comprehensive insights into the upcoming report. These resources can prove to be indispensable for stakeholders and analysts seeking a deeper understanding of the Group’s financial progression and strategic directions. The links below enable direct access to these assets:

• Q1 Report Invitation PDF
• Q1 Report Visuals

Conclusion

Emanating from the heart of the company's headquarters, the advance notice of the Volvo Group's first-quarter report signifies more than just a financial update. It represents a cornerstone of their commitment to stakeholder transparency, strategic dialogue with the media, and an unwavering dedication to evolving the transport and infrastructure landscapes.

With the stage set for April 17, stakeholders across the globe anticipate with great interest the unfolding of Volvo Group's continued success and innovative strides in an age that demands both profitability and sustainability.

As the Volvo Group gears up for this significant event, the attention of investors, customers, and industry onlookers is firmly fixated on the insights that will emerge. The blend of financial discourse, executive commentary, and future outlooks promise a narrative that is as informative as it is pivotal for charting the course of the transport and infrastructure sectors.

In the broader context, such financial disclosures play a critical role in shaping investor confidence and market dynamics. The Volvo Group, with its attentive approach to the conveyance of fiscal results and strategic insights, continues to set a high standard within the industry. Stakeholders can expect a detailed exposition of the company's financial health and strategic direction mapped out by the leadership - a reflection of their steady hand at the helm amid the ever-evolving tides of global markets.

As we approach the earmarked date, the intersections of finance, industry developments, and media rapport will converge in a showcase of industrial progress and corporate transparency. It is events like these that illuminate the course of industry giants such as the Volvo Group, granting us glimpses into their inner workings and forward-looking initiatives.

With a mere two weeks standing between us and the unfolding of the Volvo Group's quarterly narrative, the anticipation builds not only for the statistical revelations of the report but also for the elucidations and strategic insights that accompany it.

Reporting from Gothenburg, Sweden, this marks yet another milestone in the ongoing saga of Volvo Group—a saga steeped in the pursuit of excellence, innovation, and a more sustainable future for all.

(Source: AB Volvo) For more information on the Volvo Group's upcoming financial report release and related events, please refer to the official announcement and provided resources.