Scania Q1 profit beats forecast, mum on MAN

Newswire

STOCKHOLM, April 27 (Reuters) - Truck maker Scania posted a bigger-than-expected rise in first-quarter earnings on Wednesday and said it was keeping delivery times short, limiting its order book. Operating profit at Scania, majority-owned by Germany's Volkswagen and in merger talks with rival MAN SE , rose to 3.3 billion crowns ($540.8 million) from a year-ago 2.1 billion to beat a mean forecast at 3.2 billion in a Reuters poll of analysts. Scania made no mention of its merger talks with ...

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