Scania reports strong profit, rising sales across 2016…
Scania has just reported its final vehicle delivery data and financial results for 2016.
The data shows Scania delivered 81,346 vehicles in the year, that number up 6% on the truck/bus manufacturer’s 2015 total.
Those total sales/deliveries helped Scania garner net income of just over $15 billion AUD and that total was up a full 10% on Scania’s 2015 takings.
Total profit though for the Scania Group in 2016 was down slightly to $928.6 million Australian dollars.
Henrik Henriksson, President and CEO, says however that Scania is well placed to continue to provide strong results.
“Total deliveries of trucks and buses and coaches reached all-time high levels and Scania’s position in the European market remains strong with a market share of 16.5%.
“Demand for buses and coaches remains at a high level in Europe.”
While Mr Henriksson was full of praise for the performance of the new generation of Scania trucks, which he says have been an immediate success.
“The truck has outperformed the competition in all trade press tests it has entered.
“Nearly all aspects have been praised – the powertrain, performance, comfort, braking capacity, visibility and steering.”
In Australia last year Scania delivered 748 trucks to local customers – a figure that represented a 5.8% increase on the 2015 total.
While 2015 Scania bus sales in Australia totaled 337 units.