Scania boosts sales and profits
Scania said fourth quarter 2022 sales increased 37% to SEK52,822m and adjusted operating income was SEK5,749m versus SEK3,717m a year ago.
Operating income of SEK8,641, (SEK-1,512) was positively affected by exchange rate fluctuations related to the write-down of business activities in Russia of SEK2,892m.
Full year sales rose 16% to SEK170,004m but adjusted operating income fell to SEK15,971m from SEK16,523m.
Operating income was SEK12,375 m (SEK11,294m) and was negatively impacted by SEK3,596m for the write down of activities in Russia.
Christian Levin, president and CEO, said: “Demand for our trucks also remains strong but major supply chain and production problems in Europe during the year led to a loss of volume.”
Scania said fourth quarter 2022 sales increased 37% to SEK52,822m and adjusted operating income was SEK5,749m versus SEK3,717m a year ago.
Operating income of SEK8,641, (SEK-1,512) was positively affected by exchange rate fluctuations related to the write-down of business activities in Russia of SEK2,892m.
Full year sales rose 16% to SEK170,004m but adjusted operating income fell to SEK15,971m from SEK16,523m.
Operating income was SEK12,375 m (SEK11,294m) and was negatively impacted by SEK3,596m for the write down of activities in Russia.
Christian Levin, president and CEO, said: “Demand for our trucks also remains strong but major supply chain and production problems in Europe during the year led to a loss of volume.”
Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.