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THE VOLVO GROUP 2013
A year of product renewal
Net sales declined by 9% to SEK 272.6 billion (299.8).
Operating income excluding restructuring charges amounted
to SEK 7.9 billion (19.6).
Operating margin excluding restructuring charges amounted
to 2.9% (6.5).
Net debt in the Industrial Operations amounted to 29.0%
of shareholders’ equity.
Proposed dividend of SEK 3.00 per share (3.00).
The most extensive product renewal in the Group’s history.
Group-wide effi ciency program launched.
Net sales, SEK bn
1312111009
273300310265218
Operating income, SEK bn
1110
09
(17.0)
26.918.015.9
13
7.1
12
18.1
Key ratios 2013 20121
Net sales, SEK M 272,622 299,814
Operating income excl. restructuring charges, SEK M 7,85 4 19,619
Operating margin excl. restructuring charges, % 2.9 6.5
Restructuring charges,SEK M (715)2(1,550)2,3
Operating income, SEK M 7,138 18,069
Operating margin, % 2.6 6.0
Income after fi nancial items, SEK M 4,721 15,495
Income for the period, SEK M 3,802 11, 378
Diluted earnings per share, SEK 1.76 5.61
Dividend per share, SEK 3.0043.00
Operating cash fl ow, Industrial Operations, SEK bn 1.5 (4.9)
Return on shareholders’ equity, % 5.0 14.7
Number of permanent employees 95,533 96,137
Share of women, % 17 17
Share of women,Presidents and other senior executives, % 19 20
Employee Engagement Index, % 76 76
Energy consumption, MWh/SEK M 9.6 8.6
CO2 emissions, tons/SEK M 1.1 0.8
Water consumption, m3/SEK M 21.9 25.2
Share of direct material purchasing spend from
CSR assessed suppliers, % 72 66
1 Comparative fi gures for 2012 are restated in accordance with new accounting principles. Read more
in Note 31, Changes in the Volvo Group’s Financial Reporting 2013.
2 Restructuring charges included in the effi ciency program.
3 Other restructuring charges for comparison reasons.
4 According to the Board’s proposal.
1