SODERTALJE, Sweden, Oct. 27, 2003 (PRIMEZONE) -- "Scania's profit has, during the first nine months of the year, been in line with my expectations. Economic growth in Scania's main markets in western Europe was weak but is expected to improve somewhat next year. Earnings for the rest of 2003 is expected to remain at a satisfactory level," says Leif Ostling, President and CEO.
FIRST THREE QUARTERS IN BRIEF Nine months Change Q3 in % Units 2003 2002 2003 2002 Trucks and buses - Order bookings 35,451 35,166 1 10,566 10,922 - Deliveries 35,469 30,261 17 10,994 9,165 Revenue and earnings SEK m. (unless otherwise stated) . Revenue, Scania 36,586 33,837 8 11,567 10,381 Group Operating income, Vehicles and 3,360 2,189 53 803 628 Service Operating income, Customer 276 248 11 100 82 Finance Operating income, Scania 3,636 2,437 49 903 710 products Operating income in divested - 550 - - car operations Operating income, Scania Group 3,636 2,987 22 903 710 Income before taxes 3,204 2,462 30 765 532 . Net income 2,119 1,831 16 495 372 Operating margin, Scania 9.9 7.2 7.8 6.8 products, percent Return on equity, percent1 17.8 11.7 Return on capital employed, 21.4 13.7 Vehicles and Service, percent1 . Earnings per share, 10.60 9.16 2.48 1.86 SEK Cash flow excluding Customer 940 2,137 387 1,149 Finance and divestments/acquisitions of companies Number of employees, 30 28,960 28,212 September Number of shares: 200 million 1 Calculations are based on rolling 12-month income. Unless otherwise stated, all comparisons in brackets refer to the same period of last year. This report is also available at www.scania.com
Contact persons: Johan Haeggman, Corporate Relations tel. +46-8 5538 0053, mobile tel. +46-70 383 5200 Joanna Daugaard, Investor Relations tel. +46-8 5538 3716, mobile tel. +46-70 518 3716 Torbjorn Boije, Corporate Control tel. +46-8 5538 2228, mobile tel. +46-70 591 5016
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