Total vehicle deliveries and service sales reached all-time high levels and Scania’s net sales rose by 10 percent to SEK 103,927 m. (94,897), the highest level in Scania’s history.
Scania’s operational performance was strong during the year despite difficult market conditions.
Operating income excluding items affecting comparability amounted to SEK 10,184 m, resulting in an operating margin of 9.8 percent. Operating income including items affecting comparability amounted to SEK 6,384 m.
Number of employees
At the end of 2016 the number of employees had increased by 1,834 to 46,243 people compared to the end of 2015.
The number of connected vehicles is steadily increasing, enabling Scania to further optimise customer solutions. Scania had over 230,000 connected vehicles at the end of 2016, and the connected fleet is rapidly increasing.
Scania’s truck registrations rose to 49,469 units in 2016, reaching a market share in Europe of 16.5 percent. The high level confirms that the current Scania truck range delivers a level of quality and performance that customers highly appreciate. The high market share is also connected to the early and very successful introduction of the Euro 6 range and Scania’s broad engine range for alternative fuels.
In 2016 Scania introduced a new truck range with new technologies, services and insights that are designed to help our customers sustainable profitability, regardless of the type of assignment or the conditions in which they are working. A few weeks after the launch, the S-series in the new truck range was honoured with the prestigious “International Truck of the Year” award. The new truck was also named the winner in Europe’s 1,000 Point Test, one of Europe’s largest comparative truck tests and, according to many, the toughest.
Buses and coaches
The deliveries of buses and coaches 2016 increased by 21 percent from previous year to 8,253 units. In Europe Scania has increased its market share to 7.1 percent. The joint opening of a new bus factory in Suzhou, China, with its partner Higer, saw Scania continue to develop its presence in the Chinese bus market. In Colombia, Scania
unveiled the world’s first bi-articulated Euro 6 gas bus. The bus has capacity for 250 passengers.
Engine deliveries decreased by 8 percent to 7,800 units in 2016. The demand for industrial and marine engines is at an all-time high level, while on the power generation side it remains week due to reduced demand in Brazil and South Africa.
Scania has a number of major agreements with global OEMs such as Doosan, Atlas Copco and Terex. There are also partnerships with Oshkosh Corporation to supply engines for airport vehicles and with Heavy Industries for the supply of excavatros and wheel loaders.
Service demand was good throughout the year and revenue amounted to a record high of SEK 21.6 billion an increase of 5 percent. Higher volumes, mainly in Europe, had a positive impact, while currency effects were negative. In local currencies, revenue increased by 7 percent.
Demand for services is more stable than vehicles due to the necessity of repair and maintenance, and Scania’s expanding service offering is having a significant growth effect.
At the end of 2016, the size of Scania’s customer finance portfolio amounted to SEK 67.9 billion, which was SEK 11.4 higher than the end of 2015. Scania’s share of financed vehicles was 43 (42) percent during the full year 2016 in those markets where Scania has its own financing operations.
There was an increasing demand for Scania’s insurance solutions during 2016. Efficient claims management and fast repairs in Scania’s service network is the core of the offer.
Customers are also increasingly choosing Scania as their long-term partner in vehicle financing.