STOCKHOLM, July 26 (Reuters) - Truck maker Scania posted a smaller-than-expected rise in second-quarter pretax earnings on Thursday but said it saw demand remaining strong. The Swedish firm, which escaped a hostile bid by German rival MAN earlier this year, said pretax profit rose to 2.90 billion crowns ($432 million) from 1.98 billion a year ago, lagging the mean forecast of 3.04 billion seen in a Reuters poll of 13 analysts. Quarterly sales at the firm, which makes heavy-duty trucks as ...
Premium Content (PAID Subscription Required)
"Scania Q2 pretax lags consensus, share falls" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642