Volvo’s Q2 22 figures landed ahead of estimates as both the price mix to offset cost inflation and volumes came in better than expected. Order intake remains an irrelevant KPI as the group is sticking to its order restrictions strategy. Management said visibility is still low on supply-chain disruptions, but rising trucks deliveries figures suggest the situation is easing. While raw material prices are decreasing, Volvo does not seem in a hurry to cut its own prices.