SÖDERTÄLJE, Sweden--(BUSINESS WIRE)--Regulatory News:
Scania’s earnings for the first nine months of 2011 amounted to SEK 9,657 m. Higher vehicle and service volume was offset by a significantly stronger Swedish krona, a higher cost level and an altered market mix.
Summary of the first nine months of 2011
· Operating income rose to SEK 9,657 m. (9,021), and earnings per share rose to SEK 9.11 (7.63)
· Net sales increased by 16 percent to SEK 64,795 m. (55,663)
· Cash flow amounted to SEK 3,866 m. (8,388) in Vehicles and Services
Please see the attached PDF for more information.
http://feed.ne.cision.com/wpyfs/00/00/00/00/00/16/D4/C5/wkr0005.pdf
Scania is one of the world’s leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. Service-related products is a growing proportion of the company’s operations, assuring Scania customers of cost-effective transport solutions and maximum uptime. Scania also provides financial services. Employing some 35,500 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 2010, net sales totalled SEK 78 billion and net income amounted to SEK 9.1 billion. Scania press releases are available on www.scania.com (http://www.scania.com/)
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