SÖDERTÄLJE, Sweden, April 26,
2024 /PRNewswire/ -- Strong sales, all-time high
earnings, and growing market shares due to the successful roll-out
of Scania Super.
- Scania Group net sales grew by 20 percent to SEK 55.1 billion (45.8)
- Adjusted operating income reached SEK
8.0 billion (6.2) and adjusted operating margin was 14.5
percent (13.5)
- Vehicle deliveries increased by 17 percent to 26,496 vehicles,
whereof Zero Emission Vehicles (ZEV) amounted to 47 units (74)
- Cash flow amounted to SEK 7.1
billion (5.0) in Vehicles and Services
- Revenue from the service business increased by 3 percent
adjusted for currency effects
- Order intake increased by 7 percent to 20,171 vehicles, whereof
Zero Emission Vehicles amounted to 133 units (47)
The global truck demand remains stable, driven by sustained
fleet utilisation and replacement needs. The rebound in
Latin America, driven mainly by
the strong development in Brazil's
agricultural and mining sectors, continues and more than offset the
somewhat more normalised market demand in Europe.
Scania's efforts to create a more resilient vehicle
order-to-delivery flow resulted in increased volume, shorter lead
times, and improved delivery precision. The increased volume and
improved capacity utilisation positively impacted
profitability.
"Scania achieved strong sales and its best-ever quarterly
earnings. This success is attributed to high production volumes,
with deliveries increasing by 17 percent compared to last year.
Additionally, the rollout of our new fuel-efficient Scania Super
has increased our market shares," Christian
Levin, President and CEO of Scania comments.
CONTACT:
Erik Bratthall
Corporate Public and Media Relations
managererik.bratthall@scania.com
This information was brought to you by Cision
http://news.cision.com
https://news.cision.com/scania/r/scania-interim-report-january-march-2024,c3968540
The following files are available for download:
https://mb.cision.com/Main/209/3968540/2762158.pdf
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SOURCE Scania