SCANIA YEAR-END REPORT - JANUARY - DECEMBER 2003 "Market developments during the year were in line with my expectations, and Scania's earnings remained strong. The economic situation in western Europe is expected to improve somewhat during 2004, but for the time being, we are planning for largely unchanged volume. However, we expect the result to be impacted by higher amortisation of research and development costs, and reduced benefits from currency hedging," says Leif Östling, President and CEO. Contact persons: Johan Haeggman, Corporate Relations tel. +46-8 5538 0053, mobile tel. +46-70 383 5200 Joanna Daugaard, Investor Relations tel. +46-8 5538 3716, mobile tel. +46-70 518 3716 Torbjörn Boije, Corporate Control tel. +46-8 5538 2228, mobile tel. +46-70 591 5016 ------------------------------------------------------------ This information was brought to you by Waymaker The following files are available for download: The full report The full report

About Us

Scania is a world-leading provider of transport solutions. Together with our partners and customers we are driving the shift towards a sustainable transport system. In 2017, we delivered 82,500 trucks, 8,300 buses as well as 8,500 industrial and marine engines to our customers. Net sales totalled nearly SEK 120 billion, of which about 20 percent were services-related. Founded in 1891, Scania now operates in more than 100 countries and employs some 49,300 people. Research and development are concentrated in Sweden, with branches in Brazil and India. Production takes place in Europe, Latin America and Asia, with regional production centres in Africa, Asia and Eurasia. Scania is part of TRATON AG. For more information visit: