(Adds CEO, CFO comments in paras 9-10, 14-15, updates share) By Niklas Pollard and Victoria Klesty STOCKHOLM, April 28 (Reuters) - Truck maker Scania said on Monday customers in its key European market had grown more reluctant to place new orders, sending its shares lower despite posting above-forecast first-quarter pretax earnings. The Sweden-based firm, in which Germany's Volkswagen took majority control in a $4 billion deal last month, posted pretax profit of 3.52 billion Swedish ...
Premium Content (PAID Subscription Required)
"UPDATE 3-Order worries dent Scania stock as Q1 pretax rises" 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!
Current subscribers, please login or CLICK for support information.