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Prime Mover Magazine

Scania buoyed by positive Q1 results

Scania has confirmed that net sales during the first three months of 2017 have risen to a record high SEK 28.4 billion (AU$4.3 billion). The Swedish truck manufacturer said higher vehicle and service volumes were partly offset by the high investment levels towards Scania’s new truck generation.

“Demand for trucks in Europe remains very strong due to the positive economic situation. Scania’s market share for trucks in Europe amounted to 16.8 per cent compared to 17.4 per cent in 2016,” said Henrik Henriksson, Scania President and CEO.

“In Latin America demand is positively impacted by increases in Brazil, a market that now seems to have bottomed out at low levels. In Eurasia the demand trend is developing positively thanks to Russia. In Asia, demand increased due to a good performance in China, Iran and India.

“Service revenue amounted to a record high SEK 5,849 m. (5,152), an increase of 14 per cent. Scania’s revenue generated directly or indirectly from the 250,000 connected vehicles in the Scania fleet is constantly increasing. Connectivity is an important component, which is enabling Scania to offer customers more efficient services aimed at improving their profitability.

“The new Scania R 450 received the “Green Truck 2017” award in the heavy tractor class. The award is based on the superior fuel performance in comparative on-road testing and the figures speak for themselves – an average consumption of 23.7-litres/100 km.

“Whether through fuel-efficient diesel vehicles or through alternative fuels, sustainability and profitability go hand in hand according to Scania. Apart from offering the industry’s most energy-efficient powertrains, Scania is making dedicated efforts to reduce transport companies’ dependence on fossil fuels. “

According to Scania Australia, the first quarter has seen ‘a record start for deliveries’ and strong market share results from January to March, with April also maintaining the momentum. With 221 vehicles delivered, the brand was 76 per cent up on the same period in 2016.

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