Scania engines to power Atlas Copco compressors
Scania has been selected by Atlas Copco to power its large portable air compressor range. This extended partnership with Atlas Copco implies an annual volume of 800 engines for Scania.
Scania Interim Report January–March 2014
Scania’s earnings for the first quarter amounted to SEK 2,257 m. Both vehicle and service volume increased, which was partly offset by weaker emerging markets currencies. Total order bookings for trucks during the first quarter were higher than the beginning of last year.
Recommendation from the Independent Committee of the Scania Board of Directors
Based on the long-term prospects of Scania, its growth outlook, technological excellence and the synergy potential, the Committee believes the Offer does not reflect the long-term fundamental value of Scania and a fair share of the expected synergy potential and recommends to Scania’s shareholders not to tender their shares.