A “challenging” year saw Scania’s sales revenue tumble by 8%, the manufacturer announced today in its annual report for 2025.

Despite the fall in sales, Scania remained upbeat, hailing the company’s  “resilient” performance last year, in the face of geopolitical turmoil, market uncertainty and currency headwinds. 

Scania’s sales revenue fell by 8% to SEK 198.5bn (£16.13bn) compared to SEK 216.1bn (£17.56bn) in 2024, whilst adjusted return on sales dropped by 10.7% from 14.8% in the previous year.

Deliveries decreased by 8% to 94,073 vehicles. However, on a brighter note, Scania’s zero emission vehicle deliveries rose from 266 in 2024 to 602 units in 2025 and incoming orders increased by 14% to 92,351 vehicles.Turning to the fourth quarter of 2025, Scania reported sales revenue declining by 8% to SEK 52.8bn (£4.29bn), down from SEK 57.4bn (£4.67bn) in Q4 2024.

Adjusted return on sales was 11%, falling from 14.3% in the same period in 2024.

Deliveries during the quarter decreased by 8% to 25,682 vehicles, of which ZEVs amounted to 222 units, rising from 77 in Q4 2024.

However incoming orders jumped by 9% to 26,704 vehicles.

Announcing the results, Scania said macroeconomic turbulence affected the transport industry in 2025, pointing to declining demand in Latin America and the normalisation of record sales levels in Europe in 2024.

The manufacturer added: “Towards the end of the year, customer confidence strengthened in Europe and order intake improved in the fourth quarter.”

Christian Levin, Scania president and chief executive, said: “I am proud of how we managed a challenging year. The increase in order intake in the fourth quarter is an encouraging sign of growing customer confidence and the strength of our offering.

Scania secured a 17.6% market share in the European heavy truck market in 2025, despite an overall market decline, which the manufacturer attributed in part to short lead times and “strong customer response” to the Scania Super powertrain.

The company also pointed to the impact of the stronger Swedish krona on its performance. It stated: “Lower vehicle deliveries reduced sales revenue in both the full year and the fourth quarter, partly offset by a strong service business.

“Earnings were impacted by lower volumes, significant currency headwinds and costs related to the industrial build-up in China. 

“Adjusted return on sales in the fourth quarter was 11% (14.3%) and would have been 13.5% at the exchange rate levels of the fourth quarter 2024.

“Scania’s cash generation in the fourth quarter was strong, reflecting continued efforts to lower structural costs and improve flow efficiency.”

During the year, Scania simplified its organisational structure to reflect changing market conditions. The company said it continued to invest in electrification, charging solutions and industrial capabilities and strengthened its presence in China, which it hailed as an important market for long-term growth and innovation.

It added that another milestone was the launch of the TRATON Group-wide R&D organisation, which the manufacturer said enabled “faster innovation while staying close to evolving customer needs.”

Scania has also published its first Sustainability Statement prepared in accordance with the European Sustainability Reporting Standards.

Since 2015, the company has reduced Scope 1 and 2 emissions by nearly 54% and surpassed its Science Based Target for emissions from own operations.

Levin said: “Meeting our 2025 Science Based Target for operational emissions is an important milestone for Scania.

“Over the past ten years, we have reduced our CO2 emissions from our own operations by half.

“This shows that determined action delivers measurable results.

“At the same time, we remain focused on accelerating the transformation of the wider transport system, where the largest share of emissions occurs.”