Financial targets

The Board of Directors’ of AB Volvo has decided to introduce new financial targets for the Volvo Group effective August 31, 2017.

  • The Group’s operating margin shall exceed 10% measured over a business cycle.
  • Financial Services’ target remains unchanged with a return on equity of 12-15% at an equity ratio above 8%.
  • The Industrial Operations shall under normal conditions have no net financial indebtedness excluding pension liabilities.


Financial targets

Learn more about our business areas and financial results in our annual report.

The Volvo Group Annual Report 2019

Download(PDF, 11.2 MB)
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The Volvo Group Investor Relations team provides shareholders and the stock market with information about the Volvo Group.

Contact Investor Relations
Our mission and vision

Our mission and vision

Our solutions to global challenges are driven by our mission to drive prosperity through transport solutions and our vision to be the most desired and successful transport solution provider in the world.

Our mission and vision
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