1、VOLVO GROUP ANNUAL REPORT A year of major product launches across the GroupCommitted to shaping the future of transport and infrastructureThe Volvo Group drives prosperity through transport and infrastructure solutions,offering trucks,buses,construction equipment,power solutions for marine andindust
2、rial applications,financing and services that increase our customers uptime and productivity.Founded in 1927,the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions.The Volvo Group is headquartered in Gothenburg,Sweden,employs 102,000 people
3、 and has customers in almost 180 markets.In 2024,net sales amounted to SEK 527 billion(EUR 46 billion).Volvo shares are listed on Nasdaq Stockholm.Shaping the world we want to live inEvery day our customers use our products and services to help put food on our tables,carry people to work or school,b
4、uild roads,keep our cities clean and much more,effectively helping to meet the growing demands of our world.The majority of the Volvo Groups customers arecompanies within the transportation or infrastructure industries.Thereliability and productivity of our products and services are a key factor in
5、their success and profitability.Climate change,population growth and increasing urbanization are shifting the landscape and expectations on transport and infrastructure.In all our actions,we strive to consider how to reduce climate impact,use the worlds resources more efficiently,and conduct busines
6、s more responsibly.Together with our customers and supply chain partners,governments,societies and other stakeholders,we are moving to develop and introduce transport and infrastructure solutions that aim to reach our sustainability targets.Driving prosperity socially,environmentally and financially