SCANIA YEAR-END REPORT - JANUARY - DECEMBER 2003

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 http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/02/06/20040206BIT00530/wkr0001.doc The full report http://www.waymaker.net/bitonline/2004/02/06/20040206BIT00530/wkr0002.pdf The full report