Volvo 2013 Annual Report Download - page 26

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Targets to secure improved
Group profi tability
The targets for the strategy period 2013–2015 was announced in autumn 2012. The overall target is that the strategy
shall contribute to an improvement of the operating income of SEK 9 billion, corresponding to an operating margin
improvement of 3 percentage points for the Group as a whole. The calculation below is based on Group sales of
SEK300 billion and truck sales of SEK 200 billion. The truck operation has the greatest impact on profi tability.
+3percentage
points
STRATEGIC OBJECTIVES EXPECTED IMPACT ON GROUP OPERATING MARGIN
Trucks’ impact on Group + app. 4.0 percentage points
Business Areas:
Volvo CE, Volvo Buses, Volvo Penta,
Governmental Sales, Volvo Financial Services
+app. 0.5percentage points
IT cost at 2% of total Group costs + app. 0.5 percentagepoints
=
—
app. 5.0 percentage points
app. 2.0 percentage points in headwind factor
Targeted net improvement = app. 3percentage points
A GLOBAL GROUP 2013 STRATEGY
22