SODERTALJE, Sweden, July 26, 2004 (PRIMEZONE) -- "The first half of this year turned out well. The new Scania R-series has been well received by customers and the trade press. Changeovers of production will enter a more intensive stage in the second half of the year, which will mean a continued limitation in delivery capacity during the rest of 2004," says Leif Ostling, President and CEO.
FIRST HALF IN BRIEF Q2
First half
Units 2004 2003 Chan 2004 2003
EUR ge
m.* in %
Trucks and bus chassis
- Order bookings 31,241 24,432 28 15,703 11,163
- Deliveries 26,552 24,475 8 14,111 12,736
Revenues and earnings
SEK m. (unless otherwise
stated)
Revenue, Scania Group 2,978 27,201 25,019 9 14,118 12,843
Operating income, Vehicles 296 2,704 2,557 6 1,395 1,336
and Service
Operating income, Customer 23 213 176 21 110 94
Finance
Operating income 319 2,917 2,733 7 1,505 1,430
Income before taxes 299 2,732 2,439 12 1,411 1,290
Net income 207 1,894 1,624 17 973 844
Operating margin, percent 10.7 10.9 10.7 11.1
Return on equity, percent 18.1 17.6
Return on capital 23.6 20.7
employed,
Vehicles and Service,
percent
Earnings per share, SEK 9.47 8.12 4.86 4.22
94 862 553 520 379
Cash flow excluding
Customer Finance and
divestments/acquisitions
of companies
Number of employees, 30 29,793 28,658
June
Number of shares: 200
million
Unless otherwise stated, all comparisons in brackets refer to the same period of last year. This report is also available at www.scania.com
* Translated solely for the convenience of the reader at a closing exchange rate of SEK 9.1330 = EUR 1.00.
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