Scania’s global sales revenue declined by 8% in the first quarter of 2026 to SEK 44.9bn (£3.58bn), amid increased geopolitical uncertainty, the manufacturer has revealed this week.
The company said the results were “solid”, with lower volumes mainly due to constraints in its delivery flows, largely due to the war in Iran.
Profitability remained in line with the corresponding period last year, despite negative currency effects, as a result of increased cost efficiency and continued strong momentum in the service business, the manucturer added.
Total order intake increased “considerably” in the first quarter, the company noted. However, in Europe, whilst demand started strongly, Scania said it softened towards the end of the quarter, amid rising economic volatility due to the war in Iran.
The manufacturer said this added “further complexity to an already uncertain business landscape.”
Growth in order intake in Latin America during the period was driven by Brazil, where a subsidised loan programme for fleet renewal supported demand.
Christian Levin, Scania president and chief executive of Scania and TRATON Group, said: “Scania performed well, with strong service momentum and solid truck orders, despite lower delivery volumes in the first quarter.
“Our focus on building resilience, including accelerating our presence in China and improving speed, efficiency and cost-competitiveness, is beginning to pay off, helping us navigate a volatile environment.”
First quarter 2026 results:
- Sales revenue decreased by 8% to SEK 44.9 billion (48.9)
- Adjusted return on sales was 11% (11.1)
- Deliveries decreased by 6% to 20,978 vehicles, of which Zero Emission Vehicles (ZEV) amounted to 130 units (104)
- Order intake increased by 10% to 27,318 vehicles,of which Zero Emission Vehicles (ZEV) amounted to 342 units (154)
