Sweden Herald - Latest Sweden News | Scania owner Traton exceeds expectations by Sweden Herald
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Scania reported an 8 % decline in first‑quarter sales to SEK 44.9 billion and a 6 % drop in deliveries, down to 20,978 vehicles (19,484 trucks and 1,494 buses), but its order intake rose 10 % to 27,318 vehicles, keeping its adjusted operating margin steady at 11 %. The company cited negative currency impacts, supply‑chain constraints and weaker European demand amid economic uncertainty linked to the Iran war, while emphasizing a resilience strategy that includes expanding in China and boosting efficiency. Scania’s parent, Traton, posted an adjusted operating profit of €582 million on €10.2 billion revenue (down 4 %), surpassing analysts’ expectations, with group‑wide order intake climbing 18 % to 87,775 vehicles.
Read more: https://swedenherald.com/article/scania-owner-traton-exceeds-expectations
