AB Volvo (publ) (VLVLY) Research

AB Volvo (publ), a multinational enterprise operating through its subsidiaries, is a leading producer and marketer of commercial vehicles, buses, heavy construction equipment, and specialized marine and industrial power solutions. Its extensive global presence spans Europe, North America, South America, Asia, Africa, and Oceania. The company's diverse range of trucks, catering to sectors such as long-haul transportation, construction, mining, and distribution, are offered under prominent brands including Volvo, UD Trucks, Renault Trucks, Mack, Eicher, Arquus, cellcentric, and Dongfeng Trucks. Furthermore, it supplies various types of public transport vehicles, such as city and intercity buses, coaches, and bus chassis, along with integrated transport systems, primarily through its Prevost and Nova Bus marques. In the heavy machinery segment, Volvo manufactures equipment like excavators, articulated and rigid dump trucks, wheel loaders, road construction machines, pavers, and compactors, marketed under the Volvo and SDLG brands. Additionally, its Volvo Penta division provides robust engines and comprehensive power solutions designed for both recreational and commercial marine vessels, as well as for power generation, industrial, and off-road applications. Beyond its core product offerings, AB Volvo furnishes a comprehensive suite of auxiliary services. These include financial solutions, insurance provisions, equipment rentals, spare parts, repair and proactive maintenance services, service agreements, and assistance programs. These products and services reach customers via a widespread network of authorized dealerships and service workshops. The company actively engages in strategic collaborations, notably a significant alliance with Isuzu Motors in the commercial vehicle sector, a partnership with Samsung SDI Co focused on advancing battery pack technology for its trucks, and an agreement with NVIDIA and Aurora to spearhead the development of autonomous trucking solutions. Established in 1915, AB Volvo (publ) maintains its corporate headquarters in Gothenburg, Sweden.

Market snapshot

Symbol
VLVLY
Price
$33.56
Day change
+1.36%
Market cap
$651.9B
P/E ratio
19.82x
52-week range
26.11-39.615
Sector
Industrials
Industry
Agricultural - Machinery
Next earnings
in 26 days

Recent news

  • Volvo Says Current Trading Remains Solid as it Moves to Make Earnings More Resilient

    At the same time, it cautioned that cost inflation is trending upwards, with the CFO saying the company was starting to see an impact on raw material costs from the Middle East conflict.

  • Truckmaker Volvo says demand is good in Europe, strong in North America

    Truckmaker Volvo Group said ​on Wednesday customer demand and deliveries ‌in Europe are stable at good levels across the business in the second quarter while in North ​America, demand remains strong with ​production gradually increasing.

  • Volvo Car's Sales Fall 5.5% as Industry Headwinds Continue

    Sales in China remain under pressure due to the highly competitive industry landscape and challenging macro environment, the company said.

Peer companies

  • Compagnie de Saint-Gobain S.A. (CODGF)
  • Compagnie de Saint-Gobain S.A. (CODYY)
  • CITIC Limited (CTPCF)
  • Deutsche Post AG (DHLGY)
  • Deutsche Post AG (DPSTF)
  • Daimler Truck Holding AG (DTGHF)
  • Daimler Truck Holding AG (DTRUY)
  • Komatsu Ltd. (KMTUY)

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