Stobart Group has reported a busy Christmas in its transport and distribution businesses, as EBIT (earnings before interest and tax) for the final four months of 2013 grew. In its interim management statement covering the period from 1 September 2013 to today (17 January), it confirmed that all of its businesses are continuing to make steady progress, but conceded that more work needed to be done to achieve its long-term goals. In order to reduce debt, it also continues to […]
Scania is celebrating its best ever year in the UK with a total of 6,846 trucks registered in 2013, up 47% on 2012, lifting its share of the heavy truck market (18 tonnes GVW plus) from 16.1% to 18.1%.
A reliance on agency staff and hire vehicles at CS Ellis to meet an increase in work dented the operator’s annual profit, newly published accounts show.
Henrik Henriksson took over the top job as president and CEO of Scania in January 2016, succeeding Per Hallberg, who had been filling the role since April 2015 when Martin Lundstedt defected to head up rival Volvo. Aged just 45, Henriksson was previously head of sales and marketing, having joined Scania as a management trainee in 1997. “It is the first time in Scania’s history that we have a non-engineer as CEO,” he says. “It is a sign of the […]