DOCSLIB.ORG

Volvo Group Annual and Sustainability Report 2019

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Volvo Group Annual and Sustainability Report 2019 VOLVO GROUP ANNUAL AND SUSTAINABILITY REPORT 2019 PERFORM AND TRANSFORM The Volvo Group 2019 Group Volvo The www.volvogroup.com A GLOBAL GROUP 2019 OVERVIEW DRIVING PROSPERITY Every company exists for a reason – it has a purpose. Our solutions to global challenges are driven by our mission to drive prosperity through transport solutions and our vision to be the most desired and successful transport solution provider in the world. We continuously develop our products and services to create value for our customers and to support sustainable soci- eties and the well-being and safety of people. OUR CUSTOMERS MAKE SOCIETIES WORK The Volvo Group’s products and services contribute to much of what we all expect of a well-functioning society. Our trucks, buses, engines, construction equipment and financial services are involved in many of the functions that most of us rely on every day. The major- ity of the Volvo Group’s customers are companies within the transportation or infrastruc- ture industries. The reliability and productivity of the products are important and in many cases c rucial to our customers’ success and profitability. A GLOBAL GROUP 2019 OVERVIEW ON THE ROAD OFF ROAD IN THE CITY AT SEA Our products help ensure that Engines, machines and vehicles Our products are part of daily Our products and services are people have food on the table, from the Volvo Group can be life. They take people to work, there, regardless of whether can travel to their destination found at construction sites, in collect rubbish and keep lights someone is at work on a ship, and have roads to drive on. mines and in the middle of shining. Our buses and public traveling to work on a ferry, on We calculate that 15% of all forests. They are used to mine transport solutions help people holiday in a pleasure boat or food in Europe is delivered by iron ore, transport lumber or get to work or to school. Our con- need urgent help from the sea a truck from the Volvo Group. haul stone and rock. Our indus- struction equipment is used to rescue services. The Volvo Group Our products also deliver goods trial engines power vital irriga- build housing as well as indus- has marine engines for a broad to keep production plants tion installations at agricultural trial and sports facilities. range of applications. running. sites all over the world, so that farmers can grow their crops. 1 A GLOBAL GROUP 2019 OVERVIEW A GLOBAL GROUP The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment as well as marine and industrial engines. The Group also provides complete solutions for financing and service. With its headquarters in Gothenburg, Sweden, the Group employs 100,000 people, has production facilities in 18 countries and sells its products in more than 190 markets. Competitive products The Volvo Group’s products have been developed to contri bute to efficient transport and infrastructure solutions and to provide our customers with uptime. We drive the develop- ment of electrified vehicles and machines as well as automated solutions for the benefit of customers, society and the environment. Sales of new vehicles, machines and engines as well as used vehicles and machines, superstructures and special vehicles accounted for 77% of the Group’s net sales in 2019. Sales of vehicles and machines build a population of products that drives spare parts sales and service revenue. World-class services In addition to vehicles and machines, the offering includes various types of services such as insurance, rental services, spare parts, repairs, preventive maintenance, service agree- ments and assistance services. The range and flexibility of the offering means that the solutions can be tailor made for each customer to maximize uptime and productivity. The service business contributes to balancing the fluctuations in the sales of new products and is an area of priority. Sales of services accounted for 20% of net sales in 2019. The Group also offers financing for customers and dealers. Financial Services provided financing for 25% of the products sold by the Group in 2019, measured in the markets where financing is offered. Strong p ositions globally Thanks to competitive product programs, strong dealers with extensive service networks and increasingly more complete offerings, the Volvo Group has established leading posi- tions on a global market. The Group is one of the world’s largest manufacturers of heavy- duty trucks, construction equipment, buses and heavy-duty diesel engines as well as a leading supplier of marine and industrial engines. These positions provide for economies of scale in product development, production, purchasing and financial services. Strong brands The Volvo Group’s brand portfolio consists of Volvo, Volvo Penta, UD Trucks, Terex Trucks, Renault Trucks, Prevost, Nova Bus, Mack and Arquus. We partner in alliances and joint ventures with the SDLG, Eicher and Dongfeng brands. By offering products and services under different brands, the Group addresses many different customer and market seg- ments in both mature markets and growth markets. 2 A GLOBAL GROUP 2019 OVERVIEW VOLVO GROUP MARKET EUROPE SHARES IN HEAVY-DUTY TRUCKS NORTH 24.2% AMERICA JAPAN 16.2% 18.5% BRAZIL 22.5% SHARE OF NET SALES SHARE OF NET SALES SHARE OF NET SALES BY SEGMENT BY REVENUE TYPE BY MARKET Trucks, 64% Vehicles, 77% Europe, 38% Group Functions & Other, 2% Financial Services, 3% Financial Services, Africa and Oceania, 3% 6% Services, 20% Volvo Penta, 3% Asia, 19% Buses, 7% Construction South Equipment, America, 7% 21% North America, 30% 3 A GLOBAL GROUP 2019 OVERVIEW CONTENT A GLOBAL GROUP OVERVIEW This is the Volvo Group . .1 2019 in brief . .5 CEO comments. .6 STRATEGY Contributing to a better world . .8 Bringing our strategy to life. 10 The journey continues . 12 Perform and transform . .13 Seven strategic priorities . 14 CASE Electrification . 20 Automation . 24 Connectivity . .28 OUR ROLE IN SOCIETY . 32 VALUE CHAIN . 38 Customers. 44 Product development . 48 Purchasing . .54 Production & Logistics . .56 Retail & Service . .60 Reuse . .62 EMPLOYEES . .64 GROUP PERFORMANCE BOARD OF DIRECTORS’ REPORT 2019 Global strength . 70 Significant events . .72 Financial performance . 74 Financial position . 77 Cash flow statement . 82 Business Areas . 84 Financial management . .97 Changes in consolidated shareholders’ equity . 98 The share . .99 Risks and uncertainties . 102 Sustainability Reporting. 110 NOTES Notes to the financial statements . 113 Parent Company AB Volvo . 176 CORPORATE GOVERNANCE Corporate Governance Report 2019 188 Board of Directors . 196 Group Executive Board . .202 OTHER INFORMATION Proposed remuneration policy . 206 Proposed disposition of unappropriated earnings . 208 Audit report for AB Volvo (publ) . .209 The Volvo Group’s formal financial reports Key Ratios . 212 are presented on pages 70–187, 206–208 Eleven-year summary . 215 and 212–214 and have been audited by the GRI content index . .224 company’s auditors. For information on Annual General Meeting. 227 which pages constitute the Volvo Group’s Preliminary publication dates . 227 Sustain ability Report, please see page 110. 4 A GLOBAL GROUP 2019 OVERVIEW 2019 IN BRIEF INCREASED SALES AND IMPROVED PROFIT ABILITY • Higher vehicle and service sales contributed to • Strong financial position with net financial net sales increasing by 11% to SEK 432 billion assets of SEK 62.6 billion in the Industrial (391). Currency- adjusted net sales grew by 5%. Operations, excluding provisions for post- emplyment b enefits and lease liabilities. • Adjusted operating income improved to SEK 47,910 M (40,660), corresponding to • The Board of Directors proposes an ordinary an adjusted operating margin of 11.1% (10.4). dividend of SEK 5.50 per share (5.00) and an extra dividend of SEK 7.50 per share (5.00). • Operating cash flow of SEK 38.3 billion (26.6) in the Industrial Operations. • Volvo Group and Isuzu Motors intend to form strategic alliance. KEY RATIOS 2019 2018 KEY RATIOS 2019 2018 Net sales, SEK M 431,980 390,834 Net financial position excl. provisions for Adjusted operating income¹, SEK M 47,910 40,660 post-employment benefits and lease liabilities, Industrial Operations, SEK bn 62.6 43.9 Adjusted operating margin, % 11.1 10.4 Return on shareholders’ equity, % 27.0 21.3 Operating income, SEK M 49,531 34,478 Total number of employees 103,985 105,175 Operating margin, % 11.5 8.8 Share of women, % 19 19 Income after financial items, SEK M 46,832 32,148 Share of women, presidents and Income for the period, SEK M 36,495 25,363 other senior executives, % 26 25 Diluted earnings per share, SEK 17.64 12.24 Energy consumption, MWh/SEK M 5.1 5.8 2 Dividend per share, SEK 13.00 10.00 Total CO2 emissions, tons/SEK M Operating cash flow, Industrial (GHG scope 1 & 2) 0.8 1.1 Operations, SEK bn 38.3 26.6 Share of direct material purchasing spend from suppliers having made a CSR self- assessment, % 92 91 Net sales, SEK bn Adjusted operating Operating income, SEK bn Operating cash flow Net financial position income1, SEK bn O perating margin, % Industrial Operations, excl. post-employment Adjusted operating SEK bn benefits and lease liabilities margin, % Industrial Operations, SEK bn 432 62.6 38.3 49.5 47.9 3.5 0.3 –1.2 26.3 43.9 18.3 28.4 26.6 20.2 21.1 29.3 40.7 313 302 333 391 23.3 20.8 29.7 34.5 15 16 17 18 19 15 16 17 18 19 15 16 17 18 19 15 16 17 18 19 15 16 17 18 19 6.5 7.0 8.8 10.4 11.1 7.5 6.9 8.9 8.8 11.5 1 For more information on adjusted operating income, please see Key Ratios on page 212.
Load more

Recommended publications
  • Volvo 8900 – Den Grønnere Intercitybussen SAFETY THAT FITS ALL
    OnKundemagasin fra VolvoThe Bus Corporation, nr 2 2010Move Vi presenterer Volvo 9500 – Allsidighet på veien Nye Volvo 8900 – den grønnere intercitybussen SAFETY THAT FITS ALL ALCOLOCKS ARE NOT ONLY AVAILABLE FROM THE ASSEMBLY LINE. NOW YOU CAN EXTEND THIS SAFETY MEASURE TO YOUR ENTIRE FLEET. Specifically engineered to withstand dust, vibration and extreme temperatures, ALCOLOCK is compatible with all vehicles. AVAILABLE THROUGH THE VOLVO DEALER NETWORK As a leading producer of alcohol interlocks and breath alcohol testers, Alcohol Countermeasure Systems offers technology of superior quality. These custom solutions are fully integrated and designed to communicate with other systems in your fleet, such as GPS, GSM and telematics. • CENELEC (EU) approved • Compatible with all vehicles To learn more on how to integrate alcohol interlock technology into your vehicles please visit our website: acs-corp.com Effektive og miljøvennlige transportløsninger 4. Volvo 8900 er en ny, lettere og mer drivstoffef­ Våre kunder står overfor store utfordringer i dag og i frem- fektiv samt mer ergonomisk tiden. Operatørene blir stilt overfor nye strenge, men viktige intercitybuss, laget av stål og miljøkrav samtidig som myndighetene krever mer for pen- aluminium. gene. Bedrifter som driver busselskapene er under press på grunn av høye drivstoffkostnader og hard konkurranse, noe som tvinger dem til å konstant forsøke å finne mer effektive løsninger. For oss hos Volvo Bus er det viktig å støtte busselska- pene ved å tilby miljømessig kompatible og effektive løs- ninger som tiltrekker flere passasjerer på grunn av et høyt kvalitetsnivå. 7. Volvo 8900 leveres med I forbindelse med IAA, den største bussutstillingen i en pakke av ettermarkedstje­ Tyskland, lanserer vi tre store produktnyheter som dekker nester som hjelper kundene å de strenge kravene som stilles til dagens busselskaper.
    [Show full text]
  • Bus Transportation Taking the High Road
    Transportation Bus transportation Taking the High Road The massive upgradation of national highways and the construction of a network of expressways linking important cities have given a boost to the coach-building industry in India, as demand for luxury buses has gone up exponentially, says Annamma Oommen. 30 HEY are among the new crop of expressways that have come up in India, linking important cities. The Mumbai-Pune expressway Tand the Ahmedabad-Vadodara expressway – each nearly 100 km in length – are among the busiest roads in the country. Sleek air-conditioned coaches zoom across the fast lanes, hitting speeds of 100 to 120 kmph. Inside the coach, passen- gers can relax in luxurious pull-back seats, watching their favourite Bollywood flicks. Travelling along the new expressways, one experiences the sea-change that has occurred in the quality of surface trans- port. Sturdy luxury coaches, replete with air suspension, comfortable seats, ample COMFORTABLE RIDE: Holidayers are increasingly travelling by luxury coaches to destinations like Goa sitting space and enormous holds for baggage, zip across India’s leading cities, transporting millions of business travel- include Mumbai-Pune, Delhi-Chandi- lers, holidayers and students. garh, Delhi-Agra, Delhi-Jaipur, Bangalore- Many state transport undertakings With demand Chennai and Ahmedabad-Vadodara. have also acquired a fleet of fancy coaches, It takes an hour or two to reach an catering to the burgeoning demand from passengers airport – in Mumbai, Delhi or Bangalore from passengers, most of who do not soaring, transport – from the city centre; early check-in, mind paying a premium for travelling in security drills and delayed flights due to relative comfort.
    [Show full text]
  • EU Public Procurement
    EU Public procurement Ulf Gustafsson Strong global position 1. Evobus 2. - 3. Yutong 4. Tata 5. Ashok Leyland 6. MAN 7. Irisbus 8. Scania 9. King Long Sales 2010 Volvo Buses 2 Volvo Buses global sales N. America Total 8 559 Volvo 3 652 Europe MS 23,2% Total 23 679 Volvo 2 910 MS 11,4% International S. America Total 113 640 Volvo 4 130 (incl JV) Total 20 823 Volvo 3 652 MS 5,1% MS 17,6% Global Bus Market 2011 > 12 tons NA excl. school buses. SA and Mexico >15 tons Volvo Buses 3 2/3 of our sales in Europe Distribution of sales is purchased under the Public Procurement rules. Rules that enable free trade Europe is a prerequisite, especially for 20% a company with a small home Sweden (home market. market) 3% Other 77% Volvo Buses Departement, Name, Document name, Security Class 4 Date Comments on the modernization of the EU public procurement framework VBC can support: • New award criteria based on MEAT in support of common societal goals (Linked to Europe 2020 Strategy) • Innovation partnerships to give incentives to develop innovative solutions • Establishment of national oversight bodies in charge of monitoring and controlling implementation activities • Simplification • Lifecycle cost concept (Sector specific “Green Vehicle Directive”) Volvo Buses Department, Name, Document name, Security Class 5 Date Main areas of concern ü Appeals of taken decisions. • The use of appeals has diminished lately, hopefully is this trend continuing. ü The implementation of Green Vehicle Directive • The monetized option is rarely used as part of the procurement.
    [Show full text]
  • Katalog Över Automobilhistoriska Klubbens Bibliotek 2011-02-22
    Katalog över Automobilhistoriska klubbens bibliotek 2011-02-22 Fabrikat Titel Författare Förlag Utgiven ISBN Abarth Abarth the man, the machines Greggio Luciano giorgioNADAeditore 2002 88-7911-263-5 AC AC Two-litre Salons & Buckland Sports cars Archibald Leo Veloce Publishing 2002 1-903706-24-6 AC mini marque history series Watkins Martyn Foulis Haynes 1976 0-85429-204-7 The Classic AC, Two Litre to Cobra McLellan John Motor Racing Publ. 1985 0-900549-98-x Cobra. The First 40 Years Legate Trevor MBI Motorbooks 2006 0-7603-2423-9 Adler Adler Automobile 1900-1945 Oswald Werner Motorbuch Verlag 1981 3-87943-783-1 AGA AGA-bilen första "folkvagnen" Almqvist Ebbe Gazetten 1990 AUDI Alle AUDI Automobile 1910-1980 Oswald Werner Motorbuch Verlag 1980 3-87943-685-1 Alfa Romeo Alfissimo! Owen David Osprey 1979 0-85045-327-5 Tutte Vetture Dal 1910. All Cars From 1910 Fusi Luigi Emmenti Grafica 1978 Giulietta Sprint 1954-2004 Alferi Bruno Automobilia 2004 88-7960-171-7 Fantastic Alfa Romeo Greggio Luciano Motorbooks International 1996 0-7603-0237-5 Alfa Romeo Alfetta GT Owen David Osprey Autohistory 1985 0-85045-620-7 Viva Alfa Romeo Owen David Foulis Haynes 1976 0-85429-207-1 Alfa Romeo - Milano Frostick David Dalton Watson 1974 0901564-125 Alfa Romeo Green Evan Evan Green PTY Limited 1976 0-959-6637-0-3 Alfa Romeo a history Hull P & Slater R Casell & Company 1964 Le Alfa Romeo Jano Vittorio Autocritica 1982 Alfa Romeo Disco Volante Anderloni Bianchi Automobilia 1993 88-7960-002-8 Alfa Romeo The Legend Revived Styles David G.
    [Show full text]
  • The Volvo Group 2006 by Creating Value for Our Customers
    A global group The Volvo Group is one of the leading suppliers of commercial 2 Organization The Volvo Group 2006 4 Volvo in society transport solutions providing products such as trucks, 6 Vision, mission and values buses, construction equipment, drive systems for marine 8 Market overview T By creating value for 10 CEO comment and industrial applications compo- h as well as aircraft engine e our customers, we 12 Our customers’ needs govern our nents. The Volvo Group also offers its customers strategy… V o create value for our 13 1. Profitable growth fi nancial services. l 14 2. Innovation and product development v o 15 3. Highest quality in implementation The Group has about 83,000 employees, production facilities shareholders 16 Financial strategy G in 18 countries, and sales activities in some 180 countries. 18 Leading supplier of commercial r o transport solutions During 2006 Volvo Group sales rose 7% to SEK 248 billion, u 20 Volvo 3P – Development and synergies p SEK 40.20. 24 Volvo Powertrain - Uniform power with earnings per share advancing 25% to The 2 28 Long-term strategy in Asia 0 share is listed on the Stockholm Stock Exchange and on 30 The share 0 6 Sustainable development NASDAQ in the US. 32 Introduction 35 Environmental responsibility 40 Social responsibility Board of Directors’ Report 46 Significant events 50 Financial performance 52 Financial position 54 Cash-flow statement 56 Risk management 59 Business areas 60 Mack Trucks 62 Renault Trucks 64 Volvo Trucks 66 Trucks 68 Buses Information about IFRS 70 Construction Equipment As of January 1, 2005, AB Volvo complies with International Financial Reporting Standards (IFRS), 72 Volvo Penta 74 Volvo Aero previously known as IAS, as adopted by the European Union.
    [Show full text]
  • For TRATON, Sustainable Economic Growth Always Includes Treating People and Nature with Respect
    2020 ANNUAL REPORT “For TRATON, sustainable economic growth always includes treating people and nature with respect. We call this the People, Planet, and Performance triad, which will shape the future of our Company.” MATTHIAS GRÜNDLER, CEO of the TRATON GROUP To Our Shareholders Combined Management Report Operating Units Consolidated Financial Statements Further Information p. 5 p. 6 Electric city Batteries in everyday use The Munich Transport Corporation aims To reduce CO2 emissions, to operate all its buses with zero local Norwegian grocery wholesaler emissions by 2030 and is also relying on ASKO relies on battery-powered Equal opportunities at the wheel the MAN Lion’s City 12E for this purpose. trucks from Scania. Grace Adomako, the woman on our cover, is a bus driver in Accra, the capital city of Ghana. She stands for around 140 other women who have been trained as bus and truck drivers thanks to the support of Scania and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, a German agency p. 7 p. 8 for sustainable development. The aim is to promote equal opportunities in the West African country. p. 4 Pluralism & Inclusion (P&I) Sofia Vahlne, responsible for the P&I Digital, efficient, transparent Assembly 4.0 program at TRATON, talks to conductor RIO is developing a cloud-based platform Volkswagen Caminhões e Ônibus is using Jonathan Nott about how diversity and solution that organizes all processes for Industry 4.0 principles to align production success tie together — in the new TRATON Volkswagen Group Logistics — and the of the new Meteor truck even more podcast “Sustainability Stories.” potential is huge.
    [Show full text]
  • Annual Financial Statements of Traton Se
    2019 ANNUAL FINANCIAL STATEMENTS OF TRATON SE CONTENTS 1 Annual Financial Statements of TRATON SE 2 (until January 17, 2019: TRATON AG) for the fiscal year from January 1 Combined Management Report 43 through December 31, 2019 3 The management report for TRATON SE 3 Income Statement 4 and the management report for the Further Information 44 Balance Sheet 5 Group have been combined in accordan- ce with section 315 (5) of the Handels­ Notes to the Financial Statements 6 gesetzbuch (HGB — German Commer- Responsibility Statement 45 Members of the Supervisory Board cial Code) in conjunction with section Independent Auditor’s Report 46 and Executive Board and their 298 (2) of the HGB and published in Appointments 25 TRATON’s 2019 Annual Report. Publication Details 51 43 Combined Management Report ANNUAL FINANCIAL STATEMENTS OF TRATON SE Annual Financial Statements of TRATON SE 3 Income Statement 4 Balance Sheet 5 Notes to the Financial Statements 6 Members of the Supervisory Board and Executive Board and their Appointments 25 3 Annual Financial Statements of TRATON SE 43 Combined Management Report 44 Further Information ANNUAL FINANCIAL STATEMENTS OF TRATON SE Income Statement for the period from January 1 through December 31, 2019 € thousand Note 2019 2018 Net investment income (1) 1,931,618 –87,832 Write-downs of financial assets (2) –401,482 –1,181,823 Net interest income/expense (3) –973 837 Sales revenue (4) 13,134 13,795 Cost of sales –15,197 –13,684 Gross profit –2,063 111 General and administrative expenses (5) –135,046 –145,203 Other
    [Show full text]
  • Scania Annual and Sustainability Report 2017
    THE SCANIA REPORT 2017 Annual and Sustainability Report Scania’s aim is to drive the shift towards a sustainable Global driving forces are reshaping the world and defining the future of transport. transport system, creating a world of mobility that is 08-09 better for business, society and the environment. We are clearly framing what ‘driving the shift towards a sustainable transport system’ means for our customers and for Scania. Scania takes a leading role in reshaping the ecosystem 10-11 of transport and logistics, supported by our strong culture and key competitive advantages. 12-15 By providing our customers with ‘here and now solutions’, we take them into the future of sustainable transport – in cities, industries or long-haulage logistics. Through working in innovative partnerships, 16-23 we accelerate change. 24-27 The engagement of our highly skilled employees fuels this change journey. 28-29 Scania delivers solutions that contribute to the United Nation’s Sustainable Development Goals. 30-31 2017 HIGHLIGHTS Scania looks back on another year of strong performance and on major milestones. From the continued launch of the new truck generation to entering new partnerships — our commitment to contributing to a sustainable future in the ecosystem of transport and logistics remains in focus. Scania adds a 13-litre Trials of battery Euro 6 gas engine electric buses are designed for long initiated and the distance transport to development its extensive range of is ongoing. At sustainable transport Busworld in Kortrijk, solutions, offering CO2 Belgium, Scania reductions of between presented its 15 and 90 percent. battery electric Citywide Low Floor bus that will go on sale in 2018.
    [Show full text]
  • Adressverzeichnis
    ADRESSVERZEICHNIS ANHÄNGER & AUFBAUTEN . .Seite 11–13 BUSSE. .Seite 13–16 LKW und TRANSPORTER . .Seite 16–19 SPEZIALFAHRZEUGE . .Seite 19–22 ANHÄNGER & Aebi Schmidt ALF Fahrzeugbau Andreoli Rimorchi S.r.l. Deutschland GmbH GmbH & Co.KG Via dell‘industria 17 AUFBAUTEN Albtalstraße 36 Gewerbehof 12 37060, Buttapietra (Verona) 79837 St. Blasien 59368 Werne ITALIEN Acerbi Veicoli Industriali S.p.A. Tel. +49.7672-412-0 Tel. +49.2389 98 48-0 Tel. +39 045 666 02 44 Strada per Pontecurone, 7 www.aebi-schmidt.com www.alf-fahrzeugbau.de www.andreoli-ribaltabili.it 15053 Castelnuovo Scrivia (AL) ITALIEN Agados spol. s.r.o. ALHU Fahrzeugtechnik GmbH Andres www.acerbi.it Rumyslová 2081 Borstelweg 22 Hermann Andres AG 59401 Velké Mezirici 25436 Tornesch Industriering 42 Achleitner Fahrzeugbau TSCHECHIEN Tel. +49.4122 - 90 67 00 3250 Lyss Innsbrucker Straße 94 Tel. +420 566 653 311 www.alhu.de SCHWEIZ 6300 Wörgl www.agados.cz Tel. +41 32 387 31 61 Asch- ÖSTERREICH AL-KO www.andres-lyss.ch wege & Tönjes Aucar- Tel. +43 5332-7811-0 Agados Anhänger Handels Alois Kober GmbH Zur Schlagge 17 Trailer SL www.achleitner.com GmbH Ichenhauser Str. 14 Annaburger Nutzfahrzeuge 49681 Garrel Pintor Pau Roig 41 2-3 Schwedter Str. 20a 89359 Kötz GmbH Tel. +49.4474-8900-0 08330 Premià de mar, Barcelona Ackermann Aufbauten & 16287 Schöneberg Tel. +49.8221-97-449 Torgauer Straße 2 www.aschwege-toenjes.de SPANIEN Fahrzeugvertrieb GmbH Tel. +49.33335 42811 www.al-ko.de 06925 Annaburg Tel. +34 93 752 42 82 Am Wallersteig 4 www.agados.de Tel. +49.35385-709-0 ASM – Equipamentos www.aucartrailer.com 87700 Memmingen-Steinheim Altinordu Trailer www.annaburger.de de Transporte, S Tel.
    [Show full text]
  • Volvo Trucks Volvo Group
    CONSTRUCTION SUMMIT ISTANBUL Zafer Arız Gökhan Kenar Johan Abrahamsson Commercial Aftersales Manager Hub Business Manager EMEA Hub South Senior Customer Finance Manager MEENA, Market East Volvo Construction Equipment Volvo Construction Equipment Volvo Trucks Volvo Group We are one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. We also provide complete solutions for financing and service. Volvo Group Construction Summit Istanbul 2019 2 09-10-2019 What we do Like a circulatory system, our trucks, buses, engines, construction equipment and financial services are involved in many of the functions that most of us rely on every day. ON THE ROAD IN THE CITY Our products help ensure that Our products are part of the daily people have food on the table, life. They take people to work, can travel to their destination and distribute goods and collect roads to drive on. garbage. We are developing to- morrow’s public transport solutions. AT THE SITE AT SEA We contribute to the extraction Our products and services are with of some of the world’s most important you, regardless of whether you are raw materials. Our engines, machines and at work on a ship or on holiday in vehicles can be found at mining and construction your pleasure boat. sites and in the middle of forests. Volvo Group Construction Summit Istanbul 2019 3 09-10-2019 Our vision To be the most desired and successful transport solution provider in the world Volvo Group Construction Summit Istanbul 2019 4 09-10-2019 Strong brands Our brand portfolio consists of Volvo, Volvo Penta, UD, Terex Trucks, Renault Trucks, Prevost, Nova Bus, Mack and Arquus.
    [Show full text]
  • Volkswagen Declares the Offer for Scania Unconditional and Will Acquire All Tendered Shares
    The offer referred to in this press release is not being made, whether directly or indirectly, in Canada, New Zealand or South Africa or in any other jurisdictions where such offer pursuant to legislation and regulations in such relevant jurisdictions would be prohibited by applicable law. Shareholders not resident in Sweden who wish to accept the Offer (as defined below) must make inquiries concerning applicable legislation and possible tax consequences. Shareholders should refer to the offer restrictions included in the section titled “Important notice” at the end of this press release and in the tender offer document which has been published on Volkswagen’s website www.volkswagenag.com/ir. Shareholders in the United States should also refer to the section titled “Special notice to shareholders in the United States” at the end of this press release. Press release 13 May 2014 Volkswagen declares the offer for Scania unconditional and will acquire all tendered shares The offer has been accepted to such extent that Volkswagen after completion of the offer will become the owner of 90.47 percent of all shares in Scania. On 21 February 2014, Volkswagen Aktiengesellschaft (“Volkswagen”) announced a public offer to the shareholders of Scania Aktiebolag (“Scania”) to tender all shares in Scania to Volkswagen at a price of SEK 200 in cash per share, regardless of share class (the “Offer”). As of the time of this announcement on 13 May 2014, the shares tendered in the Offer, together with the shares already held or otherwise controlled by Volkswagen, amount to in aggregate 723,733,927 shares in Scania, comprising 390,197,071 A shares and 333,536,856 B shares, corresponding to 90.47 percent of the shares and 96.26 per- cent of the voting rights in Scania.
    [Show full text]
  • Th E V O Lvo G Ro U P 2 0
    THE VOLVO GROUP ANNUAL REPORT 2012 The V olvo olvo G roup 2012 TOGETHER WE MOVE THE WORLD www.volvogroup.com A Global Group 2 CEO comment TOGETHER WE MOVE THE OperatiNG coNteXT 4 Future transport needs StrategY 8 Strategic approach BUsiNess model 22 Product offering WORLD 28 World-class services 30 A high-performing organization Without the products and services of the Volvo 32 Industrial structure Group the societies where many of us live 34 Production 35 Responsible sourcing would not function. Like lifeblood, our trucks, GroUP PerformaNce buses, engines and construction equipment are 36 Global strength involved in many of the functions that most of 38 Development by continent − Europe us rely on every day. 40 Focus new Volvo FH 42 Development by continent − North America For instance, one in seven meals eaten in 44 Development by continent − South America Europe reaches the consumers thanks to trucks 46 Focus Peru 48 Development by continent − Asia from the Volvo Group rolling on the roads of the 50 Focus Dongfeng continent. Buses are the most common type of 52 Focus Africa public transportation in the world, helping many Board of Directors’ report people to reach work, school, vacations, friends 56 Significant events and family. If all the Volvo buses in the world were 58 Trucks to start at the same time, they would transport 60 Buses more than 10 million people. Our construction 62 Construction equipment 64 Volvo Penta machines are used when building roads, houses, 66 Volvo Financial Services hospitals, airports, railroads, factories, offices, 68 Financial management shopping centers and recreational facilities.
    [Show full text]