Scania Q1 pretax tops consensus

Newswire

STOCKHOLM, April 26 (Reuters) - Scania , Europe's number four heavy truck maker, posted a bigger-than-expected rise in first quarter pretax profit and said it had seen continued good demand. Pretax earnings rose to 2.11 billion Swedish crowns ($280.9 million) from 1.70 billion a year ago to come in above the mean forecast of 1.83 billion seen in a Reuters poll. Revenues were at 17.25 billion crowns versus a mean forecast of 15.57 billion and 13.87 billion in the year-ago quarter. The ...

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