Volvo Reports Q4 Earnings At SEK 12.77 Bln, Raises Truck Market Forecast For Europe, N.America

Jan 28 (Reuters) - Volvo AB VOLVb.ST:

• Q4 EPS SEK 4.73

• Q4 VOLVO Q4 REVENUE SEK 123,800 MILLION

• Q4 ADJUSTED OPERATING INCOME SEK 12,769 MILLION

• PROPOSES ORDINARY DIVIDEND OF SEK 8.50 PER SHARE

• 2026 EUROPEAN TRUCK MARKET FORECAST: 305,000 UNITS (EARLIER VIEW 295,000)

• IN Q4, NET TARIFF IMPACT WAS NEGATIVE IN AN AMOUNT OF APPROXIMATELY SEK 800 M

• 2026 N. AMERICAN TRUCK MARKET FORECAST: 265,000 UNITS (EARLIER VIEW 250,000)

• IN Q1, NET TARIFF IMPACT IS EXPECTED TO BE NEGATIVE IN AMOUNT OF APPROXIMATELY SEK 1 BILLION

• PROPOSES EXTRA DIVIDEND OF SEK 4.50 PER SHARE

• 2026 BRAZILIAN TRUCK MARKET FORECAST UNCHANGED

• COMPARED WITH Q4 2024, CURRENCY MOVEMENTS, HAD NEGATIVE IMPACT OF SEK 2,072 MILLION

• SEES 2026 CHINA CONSTRUCTION EQUIPMENT MARKET AT 0% TO +10% % (EARLIER VIEW -5% TO +5%)

• CYCLICAL DOWNTURN THAT BEGAN IN MANY MARKETS IN 2024 CONTINUED, WITH LOWER VOLUMES OF NEW VEHICLES AND MACHINES AS A RESULT

• PROPOSES TOTAL DIVIDEND OF SEK 13 PER SHARE VERSUS IBES ESTIMATE SEK 14.50 PER SHARE

• ADJUSTED FOR CURRENCY AND DIVESTMENT OF SDLG, NET SALES REMAINED STABLE AND WERE ON SAME LEVEL AS IN PRIOR YEAR

Further company coverage: [VOLVb.ST]