Scania celebrated its centenary in 2011 but orders for buses and coaches decreased by 25% in this year compared to the same period in 2011
Order bookings for buses and coaches decreased by 25% compared to the same period in 2011 while net sales of buses and coaches rose by 4%
Scania’s first quarter financial report claims lower vehicle deliveries and lower capacity utilisation pulled down earnings, as did higher costs for future-related projects.
Operating income fell to SEK 2,323m (3,339); earnings per share fell to SEK 2.24 (3.14) while net sales decreased by 3% to SEK 20,127m (20,692).
