The Board of Directors’ of AB Volvo has decided to introduce new financial targets for the Volvo Group effective August 31, 2017.
- The Group’s operating margin shall exceed 10% measured over a business cycle.
- Financial Services’ target remains unchanged with a return on equity of 12-15% at an equity ratio above 8%.
- The Industrial Operations shall under normal conditions have no net financial indebtedness excluding pension liabilities.
For a brief description of the Volvo Group's strategies and actions to improve performance >