Scania begins 2018 in style

Strong sales and financial results for Scania

scania front of truck badge

The arrival of Scania’s new-gen truck range has helped the Swedish brands bottom-line through the first quarter of 2018.

The new trucks (reviewed here) are just arriving in Australia and a number of other markets now, so the strong first quarter results reported today will most likely be replicated through the year.

Related: Big partnership deal for Hino and Volkswagen

Across the first three months of 2018 Scania delivered 29,299 vehicles, a 6% increase on the same period last year.

Those extra sales helped Scania lift their income for the period by 8% to around $4.7 billion AUD.

Henrik Henriksson, President and CEO of Scania, says the year couldn’t have got off to a better start.

“Higher vehicle and service volume contributed positively while a less favourable market mix, higher production costs for running double product ranges and continued constraints in the supply chain impacted earnings negatively.

“Demand for trucks in Europe remains very good due to the positive economic situation.

“In Asia, demand remains at a high level, mainly due to Iran. Demand for Buses and Coaches in Europe continues to be strong.

“The business area Engines has record high demand, mainly driven by order bookings for industrial engines.”

Related: Scania R 500 tops rivals in efficiency trial

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About Joel Helmes 1836 Articles
Joel is the founder and CEO of Heavy Vehicles. With more than 20 years experience in the media, including more than 10 years heading up the car publication - Behind the Wheel, Joel is passionate about bringing a fresh perspective to the Australian road transport industry. Prior to his media career Joel worked for a number of years as a bus, truck and delivery driver.

1 Comment

  1. Scania make reliable and quality vehicles so this news is not surprising. Really putting some good competition in the Australian truck market.

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