PRESSRELEASE | All press releases
06 August 1999 12:00 CET
First half 1999
During the first half of 1999, the number of units sold increased by 1 percent to 24,869 (24,710). The Group’s sales in terms of value increased by 6 percent to SEK 23,419 m (22,027).
The operating income for the first half of 1999 increased by 53 percent to SEK 2,503 (1,639), corresponding to an operating margin of 10.7 (7.4) percent.
Further information will be released in connection with the full report later during the day.
The previously announced press conference at the Sheraton Hotel, Stockholm, at 14:30 is cancelled.
Scania is one of the world’s leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. A growing proportion of the company’s operations consists of products and services in the financial and service sectors, assuring Scania customers of cost-effective transport solutions and maximum uptime. Employing 35,000 people, Scania operates in about 100 countries. Research and development activities are concentrated in Sweden, while production takes place in Europe and South America, with facilities for global interchange of both components and complete vehicles. In 2007, invoiced sales totalled SEK 84.5 billion and net income amounted to SEK 8.6 billion. Scania press releases are available at www.scania.com