AB Volvo (publ) (VLVLY) Q1 2026 Press Conference Call April 24, 2026 3:00 AM EDT
Company Participants
Johan Bartler - Head of Investor Relations
Martin Lundstedt - CEO, President, Member of the Group Executive Board & Director
Mats Backman - Executive VP of Group Finance, CFO & Member of Group Executive Board
Conference Call Participants
Agnieszka Vilela - Nordea Markets, Research Division
Hampus Engellau - Handelsbanken Capital Markets AB, Research Division
Michael Aspinall - Jefferies LLC, Research Division
Klas Bergelind - Citigroup Inc., Research Division
Shaqeal Kirunda - Morgan Stanley, Research Division
Mattias Holmberg - DNB Carnegie, Research Division
Harry Martin - Bernstein Institutional Services LLC, Research Division
Karl Bokvist - ABG Sundal Collier Holding ASA, Research Division
Hemal Bhundia - UBS Investment Bank, Research Division
Daniela Costa - Goldman Sachs Group, Inc., Research Division
Akshat Kacker - JPMorgan Chase & Co, Research Division
Presentation
Johan Bartler
Head of Investor Relations
Good morning, and welcome to the Volvo Group First Quarter Press Conference. Today, we'll listen to the presentation from Martin and Mats about the first quarter results, and then we will follow up with a Q&A session later on in this session.
So with that short introduction, I hand over to Martin.
Martin Lundstedt
CEO, President, Member of the Group Executive Board & Director
Thank you for that, Johan. And also from my side, good morning to this quarter 1, 2026 press conference. Great to have you here.
First and foremost, the group and all colleagues and business partners delivered a solid result in the quarter with an adjusted operating income of SEK 12.2 billion and a margin of 11% and continue to demonstrate strong earnings resilience despite that market volumes moderated compared to last year. And despite many moving parameters, as you're all aware of, such as geopolitical turmoil and tariffs.
Performance was good across all business areas with
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