UPDATE 4-Scania Q1 basks in strong demand, slowdown seen

Newswire

(Adds market forecast in paragraph 13, updates share) By Niklas Pollard STOCKHOLM, April 26 (Reuters) - First quarter earnings from number four European truck maker Scania outstripped expectations on Wednesday, but it said order bookings could slow after a buying spree ahead of new engine pollution rules. Scania shares, which rose sharply in the wake of domestic rival Volvo's bullish earnings report on Tuesday, initially fell back around one percent on the news but recovered to trade ...

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