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Scania's finance executive leaves the company

Bertil Persson, Senior Vice President Finance, is leaving Scania in conjunction with the Annual General Meeting on 22 April 1998.

"I came to Scania in early 1995 and have since established the group's finance organisation. This has been a very stimulating task and Scania now has a professional finance unit. Wanting to move on to new challenges I have therefore accepted an exciting offer in another business sector," says Bertil Persson.

"Bertil Persson is highly knowledgeable in the finance field and we will miss him. He has done a good job," Scania's President and CEO Leif Östling says in a comment.

Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. With 22,200 employees and production facilities in Europe and Latin America, Scania is one of the most profitable companies in its sector. In 1996, turnover totalled SEK 33,700 million and profits after depreciation SEK 2,700 million. Scania products are marketed in about 100 countries worldwide and approximately 95% of total production is sold outside Sweden.