Volvo Automobile AB (publ.) (OTCPK:VLVOF) Q2 2025 Earnings Convention Name July 17, 2025 2:00 AM ET
Firm Contributors
Fredrik Hansson – Chief Monetary Officer
Hakan Samuelsson – CEO, President & Director
John Hernander – Head of Investor Relations
Convention Name Contributors
Hampus Engellau – Handelsbanken Capital Markets AB, Analysis Division
Harry Martin – Sanford C. Bernstein & Co., LLC., Analysis Division
Nikita Lal – Deutsche Financial institution AG, Analysis Division
Pushkar Tendolkar – HSBC International Funding Analysis
Samuel Perry – BNP Paribas Exane, Analysis Division
John Hernander
Good morning, and welcome to Volvo Vehicles headquarter right here in Torslanda, Gothenburg. My identify is John Hernander from the Investor Relations group right here at Volvo Vehicles. And at this time, we’re right here to current and focus on our second quarter outcomes simply launched at this time.
With us at this time, we’ve our President and CEO, Hakan Samuelsson; and our CFO, Fredrik Hansson.
The process can be as per ordinary. We are going to begin with the presentation from Hakan and Fredrik, after which we’ll transfer into Q&A. [Operator Instructions]
With that, I’ll give the phrase to Hakan to start out the presentation.
Hakan Samuelsson
Thanks, and good morning to all of you listening. I am right here now to current my second quarter, kind of in keeping with our expectations, a really difficult quarter. So what we noticed final quarter is kind of persevering with. The volumes are nonetheless beneath stress and that, in fact, affect the pricing in the marketplace. Pricing is, in fact, additionally influenced by new opponents, particularly within the EV phase. And on high of that, we’re additionally seeing tariffs for imports into each Europe from China and likewise from imports Europe to U.S.
So a really difficult atmosphere. So right here, it is, in fact, essential to give attention to what we are able to do and that’s actually our turnaround program, which
