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Prime Mover Magazine

Scania reports net sales record

Swedish commercial vehicle manufacturer, Scania, has set a record for net sales in the first six months of 2018, with an increase of nine per cent compared to the previous year.

According to Scania President and CEO, Henrik Henriksson, the company increased its net sales to SEK 66.2 billion (AUD $10 billion).

“Higher vehicle and service volume contributed positively and so did currency effects while a less favourable market mix, higher production costs for running double product ranges and continuing constraints in the supply chain impacted earnings negatively,” said Henriksson.

“The recent strained situation in the supply chain was aggravated by a strike at a component supplier, which means that Scania has been temporarily forced to stop deliveries and sales of V8 engines. As a result of these disruptions, inventory levels have increased, and combined with the high investment level impacts negatively on cash flow,” he said.

Demand for trucks remains strong in most markets, Henriksson has asserted – explaining that there is a positive trend in Asia, driven by the continuing development towards modern logistics systems.

Henriksson said digitalisation can improve the efficiency of Scania’s service business through better capacity utilisation in workshops and thus offer customers more efficient service to enhance their profitability. “Meanwhile, digitalisation also opens up for new business models, such as Scania Go, a recently launched mobility service. Through a single app, Scania’s employees are given access to a range of different modes of transport during the working day as an alternative to the private car. The aim is to promote sustainable and shared travel and to explore the potential of the system in a broader, commercial perspective.”

In other news, a Visy Logistics driver from South Australia is regularly scoring 99 and 100 per cent according to the driver support system on his Scania P 360.

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