Scania Year-end Report January-December 2006

Scania Year-end Report January-December 2006

Summary

  • Scania reports record volume, earnings and cash flow in 2006
  • Costs of about SEK 350 m. related to concentration of production and MAN’s offer for Scania, of which about SEK 250 m. in the fourth quarter, were charged to operating income
  • Order bookings showed accelerating growth during the fourth quarter, +44 percent
  • From the end of the first quarter of 2007, the production rate will be raised to an annual rate of 80,000 vehicles, up 25 percent compared to the first quarter of 2006
  • Scania expects demand for heavy trucks to remain strong in Europe throughout 2007

Scania reports record volume, earnings and cash flow in 2006. Costs of about SEK 350 m. related to concentration of production and MAN’s offer for Scania, of which about SEK 250 m. in the fourth quarter, were charged to operating income. Order bookings showed accelerating growth during the fourth quarter, +44 percent. From the end of the first quarter of 2007, the production rate will be raised to an annual rate of 80,000 vehicles, up 25 percent compared to the first quarter of 2006. Scania expects demand for heavy trucks to remain strong in Europe throughout 2007.

For more information please see attached pdf.

Contact persons

Cecilia Edström, Corporate Relations
tel. +46 8 5538 3557,
mobile tel. +46 70 588 3557

Stina Thorman, Investor Relations
tel. +46 8 5538 3716,
mobile tel. +46 70 518 3716