PRESS RELEASE
Wednesday, February 02, 2011 7:27
Scania Year-end Report January-December 2010
Scania’s earnings and cash flow for the full year 2010 were the best ever in the company’s history. Operating income rose to SEK 12,746 m. Higher vehicle and service volume and significantly higher capacity utilization mainly explain the improvements.
• Operating income rose to SEK 12,746 m. (2,473), and earnings per share rose to SEK 11.38 (1.41)
• Net sales increased by 26 percent to SEK 78,168 m. (62,074)
• Cash flow amounted to SEK 11,880 m. (5,512) in Vehicles and Services
• The Board of Directors proposes a dividend of SEK 5.00 (1.00) per share
Scania is one of the world’s leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. A growing proportion of the company’s operations consists of products and services in the financial and service sectors, assuring Scania customers of cost-effective transport solutions and maximum uptime. Employing some 32,000 people, Scania operates in about 100 countries. Research and development activities are concentrated in Sweden, while production takes place in Europe and South America, with facilities for global interchange of both components and complete vehicles. In 2009, net sales totalled SEK 62 billion and net income amounted to SEK 1.1 billion. Scania press releases are available on www.scania.com (http://www.scania.com/)
