Scania Will Report Significantly Improved Earnings
STOCKHOLM, Sweden--Scania’s (STO:SCVA) (STO:SCVB) operating income for the third quarter will exceed market expectations by close to 25 percent, due to higher deliveries and improved capacity utilisation.
Further information will be provided in connection with the third quarter results.
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 30,000 people, Scania operates in about 100 countries. Research and development activities are concentrated in Sweden, while production plants are located in Europe and South America, with facilities for the global exchange of both components and finished vehicles. In 2005, revenue totalled SEK 63.3 billion and net income amounted to SEK 4.7 billion.
Scania’s press releases are available on the Internet, www.scania.com
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