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Euronews
Euronews
Doloresz Katanich

Volvo Group posts lower sales and declining profits as tariff uncertainty hits

Volvo Group

The Volvo Group said on Wednesday that its net profit fell to SEK 9.89bn (€910 million) in the first three months of 2025, from a little more than SEK 14bn (€1.29bn) in the previous year. 

The drop was driven by a 7% decline in the group’s net sales, amounting to SEK 121.8bn (€11.15bn) in the same period. 

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