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Scania Interim Report January–September 2007

Summary

  • Order bookings remain strong
  • Net sales increased by 16 percent in the nine month period and 21 percent in the third quarter
  • Net income increased by 42 percent, resulting in earnings per share of SEK 7.31
  • Deliveries of vehicles are expected to total some 75,000 units during 2007
    Scania predicts continued strong demand for transport equipment

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. In 2006, invoiced sales totalled SEK 70.7 billion and the net income amounted to SEK 5.9 billion.