reports
- Expert Corporate Governance Service (ECGS)
Volvo – AGM 18 June 2020
ECGS notes that as a result of the Covid-19 pandemic the AGM will be held as an electronic meeting only. Consequently, it will not be possible to attend the AGM in person. In general, Volvo is in compliance with the Swedish regulations relating to the organisation and procedures of the Annual General Meeting. Under ITEMS 12.1-12.11, the (re-)election of the board of directors is proposed.In view of concerns over aggregate time commitments, ECGS recommends to vote OPPOSE to the (re-...
- Marnik Hinnekens
- Thomas J. Schiessle
Akasol AG H1/19 profitabel – Kapazitätsaufbau beschleunigt
Das Management sieht sich „im Plan“. Der Serien-ramp-up gewinnt an Dynamik; Qualität und Sicherheit haben weiterhin Vorrang. Die Kapazitätsausweitungen seien planmäßig, damit in H2/19 der Ausstoß verdoppelt und die Guidance erfüllt wird. Das H1/19 zeigte die Skaleneffekte, obgleich die Personalstärke (+81%) schneller als geplant wuchs.
- VRS RESEARCH TEAM
Save the Date for Volvo Group Capital Market Day 2017
GÖTEBORG, Sweden--(BUSINESS WIRE)-- The Volvo Group (STO:VOLVA) (STO:VOLVB) invites financial analysts and institutional investors to the Volvo Group Capital Market Day, to be held in Eskilstuna, Sweden on May 23, 2017. The Capital Market Day on May 23 will start at 9:00 a.m. at Volvo CE Customer Center in Eskilstuna, Sweden, and finish with a dinner in the evening. The program will include presentations by the CEO and the Executive Management as well as the possibility to test drive products. A formal invitation wi...
Volvo Group Intends to Initiate a Process to Divest Governmental Sales
GÖTEBORG, Sweden--(BUSINESS WIRE)-- Regulatory News: Volvo Group (STO:VOLVA) (STO:VOLVB) intends to initiate a process in order to divest its Governmental Sales business area. Volvo Group has conducted a strategic review of the Governmental Sales business area and intends to initiate a process to divest this business. “Governmental Sales has built a very strong position over the last few years with a positive development and a record order book. There are great opportunities to grow the business even furthe...
Volvo Divests Properties in Gothenburg
GÖTEBORG, Sweden--(BUSINESS WIRE)-- The Volvo Group (STO:VOLVA)(STO:VOLVB) has signed an agreement with the real estate company Platzer Fastigheter Holding AB regarding the sale of properties in the areas of Arendal, Torslanda and Säve in Gothenburg, Sweden. The sales price amounts to SEK 2.7 bn on a debt free basis and the divestment results in a capital gain of SEK 1.4 bn, which is expected to impact the Group’s operating income by the corresponding amount in the fourth quarter of 2016. The divestment is part of a long-ter...
Volvo Group Wins the Gold Dolphin at Cannes
GÖTEBORG, Sweden--(BUSINESS WIRE)-- The Volvo Group (STO:VOLVA) (STO:VOLVB) has won the Gold Dolphin at the Cannes Corporate Media & TV Awards in the French resort for its latest corporate film. With the help of some of Europe's best miniature worlds, the film shows how Volvo's trucks, buses, construction equipment and engines are essential to everyday life for people around the world. “It’s great fun to get to describe in a new and playful way what Volvo does and how our products and services are involved in and influence l...
Volvo Buses: Volvo Sells Electric Buses to Luxembourg
AUSTIN, Texas--(BUSINESS WIRE)-- Volvo (STO:VOLVA) (STO:VOLVB) has received an order for four Volvo 7900 Electric buses from public transport operator Sales-Lentz in Luxembourg. The buses will operate in the city of Differdange. Sales-Lentz, one of the largest public transport operators in Luxemburg, is a forerunner in the introduction of alternative drive technologies. It was the first company to buy Volvo Hybrids in Europe as early as in 2009. Today, they have 24 Volvo hybrids and 12 Volvo electric hybrids in their fleet. ...
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