VOLVO Construction Equipment has reported increased volumes and improved earnings for the second quarter of 2026 as the global equipment market continued to grow.
The manufacturer saw a 14% increase in deliveries of Volvo-branded machines, an 8% increase in order intake, 9% organic growth in service sales, and a 14.4% adjusted operating margin for the period.
Volvo reported an increased order intake in South America, North America, Africa and Oceania, while it decreased in Europe and Asia.
President Melker Jernberg said, “It’s been a positive quarter that demonstrates growth in organic sales and continued stability driven by a strong product mix. We continue to grow our total offer while maintaining our focus on long-term investments and innovation to transform our industry.”
Volvo marked several milestones during the quarter. In June, Volvo Days 2026 welcomed more than 8,000 visitors to Eskilstuna, Sweden. The quarter also saw the groundbreaking of Volvo’s new excavator factory in Eskilstuna and delivery of the world’s first serial produced A30 Electric articulated haulers to LNS in Norway.
“The second quarter demonstrated our ability to turn strategy into action,” added Melker Jernberg. “The milestones we reached demonstrate our commitment to strengthening our competitiveness, accelerating innovation and supporting customers with solutions that help them succeed both today and in the future.”
Volvo stated that the European market is being supported by continued infrastructure investments, good machine utilisation and a healthy level of fleet replacement.
