Scania

Scania publishes 2014 Annual Report and Sustainability Report

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 appoints new Chief Financial Officer

Johan Haeggman has been appointed Chief Financial Officer (CFO) of Scania and member of the company’s Executive Board. He takes up his new position on 1 April.

Study shows Scania supplies the most efficient alternative fuel technology

Bioethanol is by far the most efficient alternative fuel technology in reducing CO2 emissions from heavy vehicles a major study carried out in Stockholm has found.

Scania Year-end Report, January–December  2014

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.

Record earnings in Scania Financial Services

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.

Martin Lundstedt, President and CEO.

Scania’s President and CEO to lead ACEA Commercial Vehicle Board for 2015

The Commercial Vehicle Board of Directors of the European Automobile Manufacturers’ Association (ACEA) has elected Martin Lundstedt as its new Chairman for 2015.