Scania Interim Report January-March 2015

Posted on 23. Apr, 2015 by in Volkswagen Canada

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Scania’s sales rose to SEK 22.3 billion and gain for a initial entertain amounted to SEK 2,245 m. Positive banking rate effects were equivalent by reduce car deliveries, especially attributable to Latin America and Eurasia.

Summary of a initial 3 months of 2015

– Operating income decreased by 1 percent to SEK 2,245 m. (2,257)
– Net sales rose by 6 percent to SEK 22,321 m. (21,126)
– Cash upsurge amounted to SEK 783 m. (730) in Vehicles and Services


Comments by Per Hallberg, behaving President and CEO:

“Scania’s sales rose to SEK 22.3 billion and gain for a initial entertain amounted to SEK 2,245 m. Positive banking rate effects were equivalent by reduce car deliveries, especially attributable to Latin America and Eurasia. Order bookings in Europe increasing to a top turn given 2007. Scania has continued to boost a marketplace share, among other things by a heading Euro 6 operation and a extended operation of engines for choice fuels. Total sequence engagement for trucks during a initial entertain decreased rather compared to a prior quarter, especially due to weaker direct in Latin America and in Eurasia. Demand in Brazil was negatively impacted by low mercantile activity and a new, most reduction appealing conditions in a subsidised financing programme (FINAME). Order bookings in Russia decreased neatly to a really low turn and a opinion is uncertain. In Asia, sequence bookings were fast compared to a prior quarter. In buses and coaches, sum sequence bookings were stable, with an boost in Latin America and a downturn in Asia compared to a prior quarter. In Engines, a high turn of sequence bookings continued from a fourth entertain of 2014, driven by Latin America. Scania is stability a long-term efforts to boost marketplace share in Services and income rose to some-more than SEK 5 billion, upheld by certain banking rate effects. However, a diseased marketplace in Russia impacted use income negatively. Financial Services reported handling income of SEK 256 m. Scania is stability to strengthen a participation in Africa and Asia and stretched a operations in India during a initial entertain by starting train and manager production.”

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