Volvo Q1 Adjusted Operating Income SEK 13,258 Mln

April 23 (Reuters) - Volvo AB VOLVb.ST:

• Q1 REVENUE SEK 121,800 MILLION

• Q1 EPS SEK 4.86

• Q1 OPERATING INCOME SEK 13,300 MILLION

• Q1 ADJUSTED OPERATING INCOME SEK 13,258 MILLION

• Q1 NET TRUCKS ORDER INTAKE 55,227 TRUCKS VERSUS 48,701 TRUCKS YEAR AGO

• SEES 2025 BRAZILIAN TRUCK MARKET OF 85,000 UNITS VERSUS 90,000 SEEN EARLIER

• SEES 2025 NORTH AMERICAN TRUCK MARKET OF 275,000 UNITS VERSUS 300,000 SEEN EARLIER

• SEES 2025 EUROPEAN TRUCK MARKET OF 290,000 UNITS

• SALES OF VEHICLES WERE 9% LOWER THAN IN Q1 2024 AND AS THE QUARTER WENT BY, THERE WAS INCREASED UNCERTAINTY SURROUNDING TARIFFS AND THEIR EFFECT ON GLOBAL TRADE

• IN THE FAST-CHANGING GEOPOLITICAL LANDSCAPE, IT IS TOO EARLY TO ASSESS THE FULL IMPLICATIONS FROM THE IMPOSED TARIFFS

• SEES 2025 NORTH AMERICA CONSTRUCTION EQUIPMENT MARKET AT -15% TO -5% VERSUS -10% TO 0% SEEN EARLIER

• SEES 2025 CHINA CONSTRUCTION EQUIPMENT MARKET AT 0% TO +10%

• IN SHORT TERM, WE WORK TO MITIGATE THE EFFECTS FROM TARIFFS AND THEIR SUBSEQUENT IMPACT ON DEMAND.

• IN SHORT TERM, WE WORK WITH OUR REGIONAL VALUE CHAINS TO ADAPT FLOWS, PRODUCTION CAPACITY, COMMERCIAL TERMS TO MITIGATE EFFECTS FROM TARIFFS AND THEIR IMPACT ON DEMAND -CEO

Further company coverage: [VOLVb.ST]