Scania interim report January-June 2023

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Demand for Scania’s products and services remained high in the second quarter and the company performed strongly in a challenging business environment.

• Scania’s net sales grew by 36 percent to SEK 51.0 billion (37.4) in the second quarter 2023

• Adjusted operating margin was 13.6 percent (7.6)

• Deliveries increased by 18 percent to 23,824 vehicles

• Deliveries of Zero Emission Vehicles (ZEV) increased by 9 percent to 71 (65)

• The service business increased by 13 percent adjusted for currency

• Order intake increased by 9 percent to 19,780 vehicles

Scania continued to perform strongly in the second quarter, with growth in both delivery volumes and the service business. Net sales increased by 36 percent to SEK 51.0 billion and with adjusted operating income of SEK 7.0 billion, adjusted operating margin rose to 13.6 percent (7.6). Operating margin was positively impacted by higher volumes, price, product mix and currency, partly offset by higher cost of input goods.

“Scania performed strongly, showing growth in both deliveries and service business. Our adjusted operating income increased to an all-time high SEK 7.0 billion. The business environment is challenging, and we are seeing somewhat lower transport activity in some markets but demand for trucks remains high in our key markets,” CEO Christian Levin comments.

For further information, please contact:
Erik Bratthall

Corporate Public and Media Relations manager
erik.bratthall@scania.com

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 2022, we delivered 80,238 trucks, 4,994 buses as well as 13,400 industrial and marine power systems to our customers. Net sales totalled to over SEK 170 billion, of which over 20 percent were service-related. Founded in 1891, Scania now operates in more than 100 countries and employs nearly 57,000 people. Research and development are mainly concentrated in Sweden. Production takes place in Europe and Latin America with regional product centres in Africa and Asia. Scania is part of TRATON GROUP. For more information visit: www.scania.com
 

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