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.
“Europe will rebound”
The European market has started a little better than expected. There were concerns before 2014 about how demand would be affected by last year’s pre-buys of Euro 5 trucks, but the pre-buy effect was shorter than feared. “We are now seeing a gradual return to more ‘normal’ levels of demand,” says Bengt Thorsson, Executive Regional Director, European Region at Scania.
Scania Value Quarter 1 2014
The latest edition of Scania Value focuses on services ‒ an area where Scania believes there will be growth and where the company is now taking a broader approach with new packages of services. The magazine also contains an interview with Scania’s Bengt Thorsson, Executive Regional Director, European Region, who believes that the European market will rebound during 2014. One of the drivers of this trend is that the average age of Europe’s truck population has increased – which means that there is a replacement need.
Annual General Meeting 2014
The Annual General Meeting of Scania AB (publ) 2014 will be held on Wednesday, 11 June in Södertälje, Sweden.
“Prepared for growth”
Scania is prepared for future growth. The strategy includes moving into new markets and segments while boosting service revenue per vehicle. “We have a strong history of profitable growth and feel sure that our strategy will give us a stable foundation for this in the future,” says Scania President and CEO Martin Lundstedt.
Scania Value Quarter 4 2013
The growth of the global logistics industry is keeping pace with increasing international trade, which poses new challenges to the industry. The latest issue of Scania Value focuses on the most important logistics trends. The magazine also includes a major interview with Scania's President and CEO Martin Lundstedt about 2013 and the company's strategy for growth. Finally, Scania Value has interviewed analysts about the heavy truck market outlook. A weak start to 2014, but a stronger 2015 is what the analysts foresee.