Net sales for Scania have reached a record high in 2017, according to the company’s quarterly report.
The European truck manufacturer says higher vehicle and service volumes were partly offset by the high investment level related to Scania’s new truck generation.
In the first three months of 2017, Scania’s operating income rose by 35 percent to SEK 3,081m and net sales increased by 23 percent to SEK 28.4 billion.
“Demand for trucks in Europe remains very strong due to the positive economic situation,” Scania President and CEO Henrick Henriksson said.
“Scania’s market share for trucks in Europe amounted to 16.8 percent compared to 17.4 percent in 2016.
“Whether through fuel-efficient diesel vehicles or through alternative fuels, sustainability and profitability go hand in hand according to Scania.
“Apart from offering the industry’s most energy-efficient powertrains, Scania is making dedicated efforts to reduce transport companies’ dependence on fossil fuels,” he said.
“Scania has the market’s broadest range of hybrids and engine alternatives for all commercially available biofuels. All of Scania’s standard vehicles may be operated using biodiesel and up to 100-percent hydro-treated vegetable oil (HVO).”