Volvo CE reports sales decrease in 2025

Sweden-based Volvo Construction Equipment (Volvo CE) has reported a decrease in sales revenue in the fourth quarter of 2025 compared with one year earlier and for the full year 2025 compared with 2024.

Head of Volvo CE Melker Jernberg says regarding the results the company maintained a strong performance and stability despite uncertain market conditions.

“This has been a positive quarter, driven by increased sales of recently launched products and higher revenue from our services business,” says Jernberg. “Customer response to our new equipment has been strong across key markets, while our solutions offerings continue to gain traction. We enter the new year with solid momentum and a clear focus on driving the industry’s transformation forward.”

By the numbers, Volvo CE experienced a 15.8 percent drop in net sales revenue in last year’s fourth quarter compared with one year earlier and a 7.5 percent decline for the full year of 2025 compared with the previous year.

The company says it has continued with the rollout of its new range of electric models, with the first L120 Electric wheel loaders delivered to customers in Europe and Asia.

Late last year, Volvo CE confirmed Eskilstuna, Sweden, as the location for its new crawler excavator assembly plant to servie European markets. The 7.4-acre facility “will strengthen Volvo CE’s position in the key excavator segment by increasing capacity and flexibility to meet growing regional demand,” states the firm.

In North America, Volvo CE’s net sales dropped by 20 percent in the fourth quarter of last year compared with the same three months in 2024, possibly reflecting a United States tariff placed upon imported machinery that contains steel. For the year, Volvo CE sales in North America declined by 17.7 percent.