The Volvo Group, a manufacturer of trucks, lorries and heavy equipment, today announced that it will post a liquid profit of €34,707m (€3,276m) in 2025, up 31% on a like-for-like basis.
Operating profit was 27% at EUR 48,506 million (EUR 4,589 million).
Liquids sales will rise to €479,183 million (€45,235 million), a like-for-like 9%.
In the fourth quarter of 2025, Volvo will earn 9,614 million euros (908 million euros) in liquids, a reduction of 11%.
Operating profit is 9% compared to the previous year, which is 12,769 million euros (1,205 million euros), affected by increases in tariffs and material costs.
Volvo estimates that the liquid impact of the duties between November and December will rise to around 800 million crowns (76 million euros) and estimates that it will be able to reach one thousand million crowns (94 million euros) in the first quarter of 2026.
“In the past two months, we have seen stabilization in various of our markets, and in some cases at least greater improvement. However, there are uncertainties, especially regarding geopolitical developments, which could affect the future,” Volvo said.
In 2025, the Volvo Group became the leader in the truck market in Europe for the second year in a row, with a share of 19%.
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