Scania Interim Report January–March 2013

Scania's earnings for the first quarter of 2013 amounted to SEK 1,933 m. The
stronger Swedish krona and price pressure on trucks pulled down earnings. Higher
truck volume and higher capacity utilisation in Latin America had some positive
effect.
Summary of the first three months of 2013

  · Operating income fell to SEK 1,933 m. (2,323), and earnings per share fell
to SEK 1.75 (2.24)
  · Net sales fell by 4 percent to SEK 19,341 m. (20,127)
  · Cash flow amounted to SEK 4 m. (1,763) in Vehicles and Services

Comments by Martin Lundstedt, President and CEO
“Scania's earnings for the first quarter of 2013 amounted to SEK 1,933 m. The
stronger Swedish krona and price pressure on trucks pulled down earnings. Higher
truck volume and higher capacity utilisation in Latin America had some positive
effect. Order bookings for trucks remained at the same level as the end of last
year while they increased significantly compared to the first quarter of 2012.
Order bookings in Europe improved compared to the previous quarter. There is a
replacement need, given the low truck deliveries in recent years. Scania is well
-positioned ahead of the transition to Euro 6 emission standards and has
launched the Scania Streamline truck with improved fuel economy, featuring
second generation Euro 6 engines. Order bookings in Latin America remained at a
high level. Demand in Brazil and Argentina is supported by subsidies. In both
Europe and Brazil, Scania’s performance has been stronger than the overall
market in recent quarters. In Russia, order bookings were at a good level and in
the Middle East order bookings improved from a low level. Order bookings for
buses and coaches rose significantly. Scania was awarded large orders in Russia
and Asia. In engines, order bookings increased compared to the end of last year,
especially in Europe. In local currencies, service sales increased somewhat in
most regions during the quarter. Lower economic activity continued to adversely
impact service demand in southern Europe. The stronger Swedish krona and price
pressure on vehicles are increasing the focus on efficiency. European production
was adjusted during the first quarter and a general review of projects and costs
was conducted. In the longer term, there are good growth opportunities. Scania
will therefore continue to prioritise investments in core development projects
and will extend technical production capacity, as well as expanding the sales
and services organisation in emerging markets.”

Please see the attached PDF for more information.

Contact persons
Per Hillström
Investor Relations
Tel. +46 8 553 502 26
Mobile tel. +46 70 648 30 52

Erik Ljungberg
Corporate Relations
Tel. +46 8 553 835 57
Mobile tel. +46 73 988 35 57
Scania is one of the world’s leading manufacturers of trucks and buses for heavy
transport applications, and of industrial and marine engines. Service-related
products account for a growing proportion of the company’s operations, assuring
Scania customers of cost-effective transport solutions and maximum uptime Scania
also offers financial services. Employing some 38,600 people, the company
operates in about 100 countries. Research and development activities are
concentrated in Sweden, while production takes place in Europe and South
America, with facilities for global interchange of both components and complete
vehicles. In 2012, net sales totalled SEK 79.6 billion and net income amounted
to SEK 6.6 billion. Scania press releases are available on
www.scania.com (http://www.scania.com/se)