Interim reports
2024
Scania interim report January-September 2024
Strong financial results for the third consecutive quarter this year.
- Scania Group net sales grew by 2 percent to SEK 48.2 billion (47.4)
- Adjusted operating income reached SEK 6.8 billion (5.5) and adjusted operating margin was 14.0 percent (11.5)
- Vehicle deliveries increased by 2 percent to 21,757 vehicles, whereof Zero Emission Vehicles (ZEV) amounted to 80 units (44)
- Cash flow amounted to SEK 1.9 billion (3.3) in Vehicles and Services
- Revenue from the service business increased by 7 percent adjusted for currency
- Order intake decreased by 26 percent to 17,008 vehicles, whereof Zero Emission Vehicles amounted to 169 units (331)
Scania interim report January-June 2024
Strong financial performance in the second quarter, with significant growth in sales and earnings.
- Scania Group net sales grew by 9 percent to SEK 55.4 billion (51.0)
- Adjusted operating income reached SEK 8.0 billion (7.0) and adjusted operating margin was 14.5 percent (13.6)
- Vehicle deliveries increased by 8 percent to 25,802 vehicles, whereof Zero Emission Vehicles (ZEV) amounted to 62 units (71)
- Cash flow amounted to a negative SEK 459 million (7,557) in Vehicles and Services
- Revenue from the service business increased by 3 percent adjusted for currency effects
- Order intake decreased by 3 percent to 19,234 vehicles, whereof Zero Emission Vehicles amounted to 141 units (54)
Scania interim report January-March 2024
Strong sales, all-time high earnings, and growing market shares due to successful roll-out of Scania Super.
- Scania Group net sales grew by 20 percent to SEK 55.1 billion (45.8)
- Adjusted operating income reached SEK 8.0 billion (6.2) and adjusted operating margin was 14.5 percent (13.5)
- Vehicle deliveries increased by 17 percent to 26,496 vehicles, whereof Zero Emission Vehicles (ZEV) amounted to 47 units (74)
- Cash flow amounted to SEK 7.1 billion (5.0) in Vehicles and Services
- Revenue from the service business increased by 3 percent adjusted for currency effects
- Order intake increased by 7 percent to 20,171 vehicles, whereof Zero Emission Vehicles amounted to 133 units (47)
2023
Scania year-end report 2023 disclosed in the Annual and Sustainability report
Scania continued performing strongly during the year, increasing both sales and earnings significantly. Scania’s Annual and Sustainability report is published today, detailing its financial, social and environmental performance in 2023.
Summary of the full year 2023:
- Scania Group net sales grew by 28 percent to SEK 204.1 billion (159.2)
- Adjusted operating income reached SEK 26.0 billion (14.0) and adjusted operating margin was 12.7 percent (8.8)
- Deliveries increased by 13 percent to 96,727 vehicles, whereof Zero Emission Vehicles (ZEV) amounted to 246 units (262)
- Revenue from the service business increased by 11 percent adjusted for currency
- Order intake increased by 2 percent to 84,080 vehicles
Summary of the fourth quarter 2023:
- Scania Group net sales grew by 21 percent to SEK 60.0 billion (49.7)
- Adjusted operating income reached SEK 7.4 billion (5.3) and adjusted operating margin was 12.3 percent (10.7)
- Deliveries increased by 8 percent to 28,984 vehicles, whereof Zero Emission Vehicles amounted to 57 units (115)
- Revenue from the service business increased by 6 percent adjusted for currency
- Order intake decreased by 5 percent to 22,299 vehicles
Scania interim report January-September 2023
Scania reports another quarter of strong performance, reflecting sustained demand for our products and services in a challenging business environment.
- Scania’s net sales grew by 19 percent to SEK 47.4 billion (39.8) in the third quarter 2023
- Adjusted operating margin was 11.5 percent (7.7)
- Deliveries decreased by 1 percent to 21,293 vehicles
- Deliveries of Zero Emission Vehicles (ZEV) decreased by
24 percent to 44 (58) - The service business increased by 9 percent adjusted for currency
- Order intake increased by 19 percent to 23,083 vehicles
English
Swedish
Scania interim report January-June 2023
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
English
Swedish
Scania interim report January-March 2023
Strong performance despite continuing macroeconomic and geopolitical uncertainty. Transport activity remained high in general, as did demand.
- Scania’s net sales grew by 42 percent to SEK 45.8 billion (32.2)
- Operating margin was 13.5 percent (7.5)
- Cash flow amounted to SEK 4.9 billion (-1.2) in Vehicles and Services
- Vehicle deliveries increased by 36 percent to 22,626
- Deliveries of Zero Emission Vehicles (ZEV) increased by over 300 percent from low levels to 74 (24)
English
Swedish
2022
Scania Year-end Report January-December 2022
The year 2022, was dominated by major challenges globally and thus also for Scania. War in Ukraine, COVID-19, energy crisis, inflation and component shortages led to large disruptions in delivery flows.
Summary of the fourth quarter 2022
- Net sales increased by 37 percent to SEK 52,822 m. (38,552)
- Adjusted operating income amounted to SEK 5,749 m. (3,717)
- Operating income amounted to SEK 8,641 m. (-1,512). It was positively impacted by exchange rate fluctuations related to the write-down of the business activities in Russia of SEK 2,892 m.
- Cash flow amounted to SEK 7,114 m. (3,762) in Vehicles and Services
Summary of the full year 2022
- Net sales increased by 16 percent to SEK 170,004 m. (146,146)
- Adjusted operating income amounted to SEK 15,971 m. (16,523)
- Operating income amounted to SEK 12,375 m. (11,294) and was negatively impacted by SEK 3,596 m., for what essentially relates to the write-down of the business activities in Russia.
- Cash flow amounted to SEK -4,516 m. (5,538) in Vehicles and Services (adjusted for payment of the European Commission’s fine, cash flow amounted to SEK 5,141 m.)
English
Swedish
Scania Interim Report January-September 2022
The third quarter has been characterised by a continued unstable macroeconomic and geopolitical situation. High inflation, interest rate hikes and energy crisis in Europe now point to a weaker economic development.
Summary of the third quarter 2022
- Net sales increased by 29 percent to SEK 42,492 m. (32,818)
- Adjusted operating income amounted to SEK 3,759 m. (3,073)
- Operating income amounted to SEK -1,917 m. (3,073) and was negatively impacted by a write-down of SEK 5,7 billion related to the disposal of business activities in Russia
- Cash flow amounted to SEK 1,590 m. (-1,885) in Vehicles and Services
Summary of the first nine months of 2022
- Net sales increased by 9 percent to SEK 117,182 m. (107,594)
- Adjusted operating income amounted to SEK 10,222 m. (12,806)
- Operating income amounted to SEK 3,734 m. (12,806) and was negatively impacted by a write-down of SEK 6,3 billion related to the disposal of business activities in Russia
- Cash flow amounted to SEK -11,630 m. (1,776) in Vehicles and Services, adjusted for payment of the European Commission’s fine, cash flow amounted to SEK -1,973 m.
2021
Scania Interim Report January-June 2022
With both war in Ukraine and an ongoing pandemic, the turbulent external environment is continuing. Rising inflation and increased interest rates are also adding to the uncertainty. Despite this, economic activity is still high.
Summary of the first six months of 2022
- Net sales were unchanged compared to the previous year and amounted to SEK 74,690 m. (74,776)
- Operating income decreased by 42 percent to SEK 5,651 m. (9,733)
- Operating margin amounted to 7.6 percent (13.0)
- In the second quarter of 2022, net sales increased by 2 percent to SEK 39,933 m. (39,068), operating income decreased to SEK 3,044 m. (5,076) and operating margin amounted to 7.6 percent (13.0)
Scania Interim Report January–March 2022
The first quarter of the year was characterised by a high degree of uncertainty due to the changing global macroeconomic and geopolitical situation. However, the level of activity in Scania’s key markets remains high and demand for trucks is strong.
Summary of the first three months of 2022
- Net sales decreased by 3 percent to SEK 34,757 m. (35,708)
- Operating income decreased by 44 percent to SEK 2,607 m. (4,657)
- Operating margin amounted to 7.5 percent (13.0)
- Cash flow amounted to SEK -1,184 m. (2,862) in Vehicles and Services
2021
Scania Year-end Report January-December 2021
The year 2021 for Scania has been characterised by record strong demand for trucks while we faced an extreme challenge in meeting this demand due to a shortage of components in the supply chain.
Summary of the full year 2021
- Net sales increased by 17 percent to SEK 146,146 m. (125,125)
- Operating income excluding items affecting comparability increased by 86 percent to SEK 16,523 m. (8,887)
- Operating income amounted to SEK 11,294 m. (8,887) and was negatively impacted by a provision of SEK 5,229 m. due to a General Court judgement relating to the European Commission’s competition investigation
- Cash flow amounted to SEK 5,688 m. (9,180) in Vehicles and Services
Scania Interim Report January–September 2021
The global recovery has continued during the first nine months of the year although at a weaker growth rate in the third quarter.
Summary of the first nine months of 2021
- Net sales increased by 21 percent to SEK 107,594 m. (88,843)
- Operating income increased sharply and amounted to SEK 12,806 m. (5,249)
- Cash flow amounted to SEK 1,776 m. (3,358) in Vehicles and Services
- In the third quarter, net sales increased by 8 percent to SEK 32,818 m. (30,374) and operating income increased by 26 percent to SEK 3,073 m. (2,436).
Scania Interim Report January–June 2021
The recovery has continued during the second quarter of 2021 and both order intake and deliveries rose sharply compared to the previous year.
Summary of the first six months of 2021
- Net sales increased by 28 percent to SEK 74,776 m. (58,469)
- Operating income increased by 246 percent to SEK 9,733 m. (2,813)
- Cash flow amounted to SEK 3,661 m. (1,867) in Vehicles and Services
- In the second quarter of 2021, net sales increased by 54 percent to SEK 39,068 m. (25,418) and operating income increased to SEK 5,076 m. (-192).
Scania Interim Report January–March 2021
The first quarter of the year was characterised by a high level of activity both in order intake and deliveries, despite major difficulties related to pandemic restrictions and the supply chain.
Summary of the first three months of 2021
- Net sales increased by 8 percent to SEK 35,708 m. (33,051)
- Operating income increased by 55 percent to SEK 4,657 m. (3,005)
- Operating margin amounted to 13.0 (9.1) percent
- Cash flow amounted to SEK 2,862 m. (1,441) in Vehicles and Services
Scania Year-end Report January–December 2020
The year 2020 was dominated by the pandemic and we fought hard to support our customers with services and parts to ensure that they could keep their businesses going.
Summary of the full year 2020
- Net sales decreased by 18 percent to SEK 125,125 m. (152,419)
- Operating income decreased by 49 percent to SEK 8,887 m. (17,488)
- Cash flow amounted to SEK 9,180 m. (10,994) in Vehicles and Services
- In the fourth quarter, net sales decreased by 6 percent to SEK 36,282 m. (38,604) and operating income increased by 1 percent to SEK 3,638 m. (3,599)
Scania Interim Report January–September 2020
Scania delivered a strong underlying performance during the period though significantly impacted by the global pandemic.
Summary of the first nine months of 2020
- Net sales decreased by 22 percent to SEK 88,843 m. (113,815)
- Operating income decreased by 62 percent and amounted to SEK 5,249 m. (13,889)
- Cash flow amounted to SEK 3,358 m. (7,531) in Vehicles and Services
- In the third quarter net sales decreased by 17 percent to SEK 30,374 m. (36,544) and operating income by 45 percent to SEK 2,436 m. (4,445)
Scania Interim Report January–June 2020
The period was strongly dominated by the coronavirus outbreak and its consequences in the form of lower demand and decreased production.
Summary of the first six months of 2020
- Net sales decreased by 24 percent to SEK 58,469 m. (77,271)
- Operating income decreased by 70 percent to SEK 2,813 m. (9,444)
- Cash flow amounted to SEK 1,867 m. (3,638) in Vehicles and Services
- In the second quarter of 2020, net sales fell by 38 percent to SEK 25,418 m. (41,179) and operating income
decreased to SEK -192 m. (5,237)
Scania Interim Report January–March 2020
The first quarter of 2020 started in a positive way but was from March dominated by the coronavirus outbreak and the extraordinary social measures taken to reduce the spread of infection.
Summary of the first three months of 2020
- Net sales fell by 8 percent to SEK 33,051 m. (36,092)
- Operating income fell by 29 percent to SEK 3,005 m. (4,207)
- Cash flow amounted to SEK 1,441 m. (507) in Vehicles and Services
2019
Year-end Report January-December 2019
2019 was a year of continued growth and many records for Scania. Vehicle deliveries reached historically high levels as did service volume.
Summary of the full year 2019
- To fight climate change, Scania is setting Science Based Targets in line with limiting global warming to 1.5°C
- Net sales increased by 11 percent to SEK 152,419 m. (137,126)
- Operating income increased by 26 percent to SEK 17,488 m. (13,832)
- Cash flow amounted to SEK 10,994 m. (3,718) in Vehicles and Services
Interim Report January-September 2019
Scania’s net sales for the first nine months of 2019 amounted to SEK 113.8 billion, an increase of 15 percent compared to the previous year.
Summary of the first nine months of 2019
- For an hour in September, work stopped at Scania’s operations globally in an educational effort aimed at Scania’s 52,000 employees on climate change and the company’s sustainability efforts
- Operating income increased by 37 percent and amounted to SEK 13,889 m. (10,153)
- Net sales increased by 15 percent to SEK 113,815 m. (98,674)
- Cash flow amounted to SEK 7,531 m. (-78) in Vehicles and Services
Interim Report January-June 2019
Scania increased its net sales to a record high SEK 77.3 billion in the first six months of 2019, an increase of 17 percent compared to the previous year.
Summary of the first six months of 2019
- Operating income increased by 36 percent to SEK 9,444 m. (6,950)
- Net sales increased by 17 percent to SEK 77,271 m. (66,228)
- Cash flow amounted to SEK 3,638 m. (-1,100) in Vehicles and Services
Interim report January–March 2019
Scania’s net sales rose to SEK 36.1 billion and earnings in the first quarter amounted to an all-time-high of SEK 4,207 m., which gave an operating margin of 11.7 percent.
Summary of the first three months of 2019
- Operating income rose by 27 percent to SEK 4,207 m. (3,315)
- Net sales increased by 16 percent to SEK 36,092 m. (31,115)
- Cash flow amounted to SEK 507 m. (64) in Vehicles and Services
2018
Year-end Report January–December 2018
2018 was a year of continued growth and of records in many areas, while we carried out the biggest industrial transition in the company’s history.
Summary of the full year 2018
- Operating income amounted to SEK 13,832 m. (12,434)
- Net sales increased by 11 percent to SEK 137,126 m. (123,366)
- Cash flow amounted to SEK 3,665 m. (5,696) in Vehicles and Services
- As from the 2018 financial year, the presentation of the income statement has been adjusted to align with Volkswagen Group’s (including comparative periods)
January–September 2018
Summary of the first nine months of 2018
- Operating income amounted to SEK 10,153 m. (9,080)
- Net sales increased by 11 percent to SEK 98,674 m. (89,111)
- Cash flow amounted to SEK -134 m. (3,002) in Vehicles and Services
- The period was affected by major disruptions in the supply chain resulting in negative cash flow
- As from the 2018 financial year, the presentation of the income statement has been adjusted to align with Volkswagen Group’s (including comparative periods)
January–June 2018
Scania increased its net sales to a record high SEK 66.2 billion in the first six months of 2018, an increase of 9 percent compared to the previous year.
Summary of the first six months of 2018
- Operating income rose to SEK 6,950 m. (6,464)
- Net sales increased by 9 percent to SEK 66,228 m. (60,541)
- Cash flow amounted to SEK -1,157 m. (3,290) in Vehicles and Services
- As from 2018 Scania’s presentation of the income statement has been adjusted to align with Volkswagen Group’s (including comparative periods)
January–March 2018
Scania’s net sales rose to a record high SEK 31.1 billion and earnings in the first quarter amounted to SEK 3,315 m., which gave an operating margin of 10.7 percent.
Summary of the first three months of 2018
- Operating income rose by 8 percent to SEK 3,315 m. (3,081)
- Net sales increased by 6 percent to SEK 31,115 m. (29,299)
- Cash flow amounted to SEK -437 m. (2,353) in Vehicles and Services
- As from 2018 Scania’s presentation of the income statement has been adjusted to align with Volkswagen
Group’s (including comparative periods)
2017
Year-end Report January–December 2017
Scania’s net sales rose to a record high SEK 119.7 billion, an increase of 15 percent compared to the previous year. Truck deliveries reached an all-time-high and demand for our new truck range was good. Higher vehicle and service volume impacted earnings positively, offsetting higher production costs for running double product ranges, constraints in the supply chain and an unfavourable market mix.
Summary of the full year 2017
- Operating income, excluding items affecting comparability, amounted to SEK 12,434 m. (10,124)
- Operating income, amounted to SEK 12,434 m. (6,324)
- Net sales increased by 15 percent to SEK 119,713 m. (103,927)
- Cash flow amounted to SEK 5,701 m. (3,427) in Vehicles and Services
January–September 2017
Scania’s net sales in the first nine months of 2017 rose to a record high SEK 86.4 billion, an increase of 15 percent compared to the previous year. Demand for the new truck range was good and the service trend remains positive.
Summary of the first nine months of 2017
- Operating income, excluding items affecting comparability, amounted to SEK 9,080 m. (7,492)
- Operating income rose to SEK 9,080 m. (3,692)
- Net sales increased by 15 percent to SEK 86,403 m. (75,209)
- Cash flow amounted to SEK 3,007 m. (-192) in Vehicles and Services
January–June 2017
Scania’s net sales rose to a record high SEK 58.7 billion, an increase of 17 percent compared to last year.
Summary of the first six months of 2017
- Operating income rose to SEK 6,464 m. (1,316)
- Operating income, excluding items affecting comparability, amounts to SEK 6,464 m. (5,116)
- Net sales increased by 17 percent to SEK 58,738 m. (50,110)
- Cash flow amounted to SEK 3,291 m. (-492) in Vehicles and Services
January–March 2017
Scania’s net sales rose to a record high SEK 28.4 billion and earnings for the first quarter reached SEK 3,081 m. Higher vehicle and service volumes were partly offset by the high investment level related to Scania’s new truck generation.
Summary of the first three months of 2017
- Operating income rose by 35 percent to SEK 3,081 m. (2,275)
- Net sales increased by 23 percent to SEK 28,411 m. (23,056)
- Cash flow amounted to SEK 2,351 m. (133) in Vehicles and Services