Scania Interim Report January-June 1998

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Event information

03 August 1998

Scania’s operating income during the first six months of the year improved by SEK 216 m. or 15 percent to SEK 1,639 m. This improvement in earnings was attributable to operations in Europe, where higher volumes led to greater capacity utilisation. Operating income for Latin America was negative due to expenses for the introduction of the 4-series truck generation as well as expenses for employee cutbacks.