- Scania reports record earnings, volume and cash flow
- Demand for Scania’s products remains high
- Service-related sales rose by 11 percent, reflecting very high activity among Scania’s customers
- Long delivery times despite increase in production rate by more than 15 percent during 2007
- The Board of Directors proposes that SEK 12.50 per share be distributed to the shareholders
Key figures
- Net sales of the Scania Group rose by 19 percent to SEK 84,486 m. (70,738)
- Net income for the period increased by 44 percent to SEK 8,554 m. (5,939)
- Earnings per share SEK 10.69 (7.42)
For further information, please contact
Cecilia Edström, Corporate Relations tel. +46 8 553 83557
Stina Thorman, Investor Relations tel. +46 8 553 83716, mobile tel. +46 70 518 3716
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 32,800 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. Bus and coach production takes place in Sweden, Brazil and Mexico, while bodybuilding takes place in Poland and Russia. In 2006, invoiced sales totalled SEK 70.7 billion and the net income amounted to SEK 5.9 billion.