Scania’s Annual Report and Sustainability Report for 2014 are available from today on scania.com. The Annual Report, which outlines Scania’s operations, strategy and financial performance, is available in English and Swedish, while the Sustainability Report, which provides in-depth reporting on sustainability performance, is available in English.
Scania’s net sales rose to a record level of SEK 92 billion and earnings for the full year 2014 increased to SEK 8,721 m. Record service volume, record earnings in Financial Services and positive currency rate effects were partly offset by a weaker market mix.
Operating income in Scania Financial Services increased to more thanSEK 1 billion during 2014. Customers are increasingly choosing Scania as their long-term partner in vehicle financing, which has meant a growing portfolio. Lower bad debt expenses and better margins also contributed to the improved earnings.