Strong Operating Cash Flow
The company reported an all-time high operating cash flow of SEK 24.3 billion for the quarter, driven by effective working capital management.
Positive Book-to-Bill Ratio
Order momentum turned positive with a book-to-bill ratio of 106% for medium and heavy-duty trucks in Q4, indicating a strong order intake.
Volvo Penta's Record Performance
Volvo Penta concluded a very strong year with its best fourth quarter ever, showcasing a diversified product mix and strong demand for heavy-duty engines.
Joint Venture with Daimler Truck
A binding agreement was signed with Daimler Truck to establish a joint venture aimed at developing a software-defined vehicle platform for heavy-duty trucks.
High Return on Capital Employed
Return on capital employed in Industrial Operations remained strong at almost 36%.