VOLVO CE has revealed that strategic investments have strengthened the manufacturer’s position over the second quarter of 2025.
While order intake and deliveries have risen compared to the same period last year, Q2 was impacted by a continuing decline in sales for Europe and North America, which Volvo attributed to market uncertainty.
In Q2 2025, net sales decreased by 6% to SEK 22,906 M. Adjusted for currency movements, net sales increased by 2%, of which machine sales increased by 2% and service sales were described as ‘flat’.
Volvo added that Q2 saw net order intake increase by 24%, with orders for the Volvo brand increasing by 26%, driven by Europe and Asia. In Europe, dealer orders increased as inventory replenishment continued. Order intake in North America increased but continued to be on a ‘relatively low level’. Deliveries in Q2 were also 11% higher than in the previous year.
The manufacturer has made a number of strategic moves over the last few months, including an expansion of its crawler excavator footprint globally with investment in production sites in South Korea, Sweden and North America.
The company has also decided to divest its entire 70% stake in SDLG for SEK 8 billion to a fund predominantly owned by Lingong Group, and acquire Swecon’s operations in Sweden, Germany, and the Baltics, including Entrack for SEK 7 billion from Lantmännen. These are expected to close in the second half of the year.
Melker Jernberg, head of Volvo CE, said, “At a time of market uncertainty, we focus on staying closer to our customers than ever before, while maintaining a solid performance and investing in the future. These strategic agreements not only help us to meet growing customer demand, but with the addition of Swecon, our ambition is to own and manage the majority of our construction business in Europe, strengthening our total solution sales capabilities and service business in the region.”
