Scania sales and income slide in ‘year like no other’


Scania saw net sales fall across the board by 18% last year, in what it described as ‘a year like no other’. Operating income decreased by 49% to SEK 8,887m (£750m) and truck sales fell by 8.5% to SEK 89,934m. Its results also showed that in the fourth quarter, net sales decreased by 6% to SEK 36,282m and operating income increased by 1% to SEK 3,638m. Henrik Henriksson, Scania president and chief executive, said a large part of the organization […]