|
contents | business | |||||||||
| Scania reports profit increase  Swedish truck maker Scania AB said Monday its first-quarter net profit increased by 21 percent to SEK 2,513 m. (2,085). Scania's sales for the quarter increased by 15 percent to SEK 21,991 m. (19,129), as a result of both increased prices and higher sales volumes. However, order bookings were lower, but still somewhat higher than deliveries during the quarter. Operating margin rose to 16.4 percent (15.9) and net margin increased to 11.4 percent (10.9). Earnings per share amounted to SEK 3.14 (2.61).write your comments about the article :: © 2008 Construction News :: home page |