- Volvo Car’s 1Q revenue came in below the estimates, at SEK93.88 billion instead of the projected SEK99.77 billion.
- The operating income was SEK4.71 billion, falling short of the SEK5.95 billion estimate.
- Retail sales were up by 12%.
- The Ebit margin came in at 5%, below the 5.67% estimate.
- Total sales volume equalled 182,700, slightly surpassing the estimated 182,046.
- Europe retail sales volume was 89,700 units, higher than the estimated 87,631.
- China’s retail sales volume came in slightly under the estimate, at 38,000 units compared to the projected 38,483.
- In the US, retail sales volume was at 31,000 units, beating the 29,644 estimate.
- Other regions had a retail sales volume of 24,100 units, falling short of the estimated 26,401.
- Current market sentiment on Volvo is mixed with 3 buys, 9 holds, and 2 sells on record.
A look at Volvo Car AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Volvo Car AB, a company that manufactures, designs, and supplies automobiles, has received varying scores across different factors indicating its overall outlook. With a high value score of 4, Volvo Car AB seems to be positioned well in terms of its financial standing and investment potential. However, its dividend score of 1 suggests that the company may not be as attractive in terms of dividend payouts for investors seeking steady income.
On the other hand, Volvo Car AB scores a respectable 4 for resilience, indicating its ability to weather economic uncertainties and challenges. Furthermore, with a momentum score of 5, the company appears to be gaining positive traction in the market. While the growth score of 3 suggests a moderate outlook for expansion, Volvo Car AB seems to be focusing on strengthening its position in the industry and maintaining a sustainable growth trajectory.
### Volvo Car AB manufactures, designs, and supplies automobiles. The Company offers a wide range of cars, trucks, and vans. Volvo Car serves customers worldwide. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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