Scania Interim report
SCANIA SIX-MONTH REPORT - JANUARY - JUNE 2004 "The first half of this year turned out well. The new Scania R-series has been well received by customers and the trade press. Changeovers of production will enter a more intensive stage in the second half of the year, which will mean a continued limitation in delivery capacity during the rest of 2004," says Leif Östling, President and CEO. FIRST HALF IN BRIEF Q2 First half Units 2004 2003 Chan 2004 2003 EUR ge m.* in % Trucks and bus chassis - Order bookings 31,241 24,432 28 15,703 11,163 - Deliveries 26,552 24,475 8 14,111 12,736 Revenues and earnings SEK m. (unless otherwise stated) ? Revenue, Scania Group 2,978 27,201 25,019 9 14,118 12,843 Operating income, Vehicles 296 2,704 2,557 6 1,395 1,336 and Service Operating income, Customer 23 213 176 21 110 94 Finance Operating income 319 2,917 2,733 7 1,505 1,430 Income before taxes 299 2,732 2,439 12 1,411 1,290 ? Net income 207 1,894 1,624 17 973 844 Operating margin, percent 10.7 10.9 10.7 11.1 Return on equity, percent 18.1 17.6 Return on capital 23.6 20.7 employed, Vehicles and Service, percent ? Earnings per share, SEK 9.47 8.12 4.86 4.22 94 862 553 520 379 Cash flow excluding Customer Finance and divestments/acquisitions of companies Number of employees, 30 29,793 28,658 June Number of shares: 200 million Unless otherwise stated, all comparisons in brackets refer to the same period of last year. This report is also available at www.scania.com * Translated solely for the convenience of the reader at a closing exchange rate of SEK 9.1330 = EUR 1.00. 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 http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/07/26/20040726BIT00130/wkr0001.pdf The full report