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Financial results: Volvo CE

By Ashleigh Petersen

January 27, 2023

Volvo Construction Equipment (Volvo CE), Gothenburg, Sweden, earned SEK 27.60 billion (US$2.67 billion) in 2022 fourth quarter net sales, a 27 percent increase compared to SEK 21.81 billion (US$2.11 billion) the year before. During the 2022 full year, net sales were SEK 100.26 billion (US$9.70 billion), up 9 percent compared to SEK 92.03 billion (US$8.91 billion) the year before.