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Scania profit climbs 19 pc

6th July 1985, Page 7
6th July 1985
Page 7
Page 7, 6th July 1985 — Scania profit climbs 19 pc
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SAAB-SCANIA's operating profit for the first four months of this year is up by 19 per cent over the same period last year.

Figures show that the Swedish commercial vehicle, car and aircraft group increased its operating profit from SKr830m (£73m) to SKr1,019m (£90m). Net profit was up from SKr908m (£80m) to SKr1,038m (£92m).

The group does not break down the profit figures for the separate groups, but it shows that the Scania truck and bus business increased its sales by 26 per cent in the first four months, from SKr2,651m (£.23-5m) to SKr3,337m (£295m).

The number of vehicles sold climbed from 6,894 to 8,176, so the average income on each sale rose from £34,088 in the first four months of 1984 to £36,081 in the same period this year.

Scania is one of the few profitable manufacturers in Europe, although it is not possible to calculate the profit per vehicle at present.

Order bookings for Scania commercials increased from SKr4,172m (£369m) to SKr4,488m (£397m).

Picture above: A Scania P112MA tractive unit for Miller Buckley of Rugby is one of the company's recent sales in Britain.