(Finance) – In first quarter of 2023, the net sales foreplay of Volvo Group amounted to 131.4 billion SEK (vs 105.3 in the same period last year) and theadjusted operating profit at SEK 18.4 billion (vs 12.7), corresponding to an adjusted operating margin of 14.0% (vs 12%).
L’operational profitincluding costs of SEK 1.3 billion for a previously announced restructuring in the bus segment, totaled SEK 17.1 billion (vs 8.6).
Net sales in Trucks segment amounted to SEK 89.6 billion (vs 69.6) with an adjusted operating profit of SEK 12.7 billion (vs 8.7), which corresponds to an adjusted operating margin of 14.2% ( vs 12.5%). Net sales in construction equipment segment amounted to SEK 25.1 billion (vs 22.6) with an adjusted operating profit of SEK 4.6 billion (vs 2.8), which corresponds to an adjusted operating margin of 18.3% ( vs 12.4%).