Scania delårsrapport 2020
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Scania registered a decrease of net sales by 18 percent during . Operating income decreased by 49 percent. The last quarter of brought some place for hope: operating income increased by 1 percent. Like most of the industry players, Scania had to stop the production during spring due to the pandemic.
President and CEO Henrik Henriksson forecasts: &#;By , Scania expects that electrified vehicles will account for around 10 percent of its total vehicle sales volume in Europe and by that figure is expected to be 50 percent&#;. Anyhow, &#;Painful but necessary decisions had to be taken, resulting in the closure of production facilities and staff reductions in order to be able to continue making large-scale investments in new technologies that support the transformation to sustainable transport&#;.
In late it was announced that Scania has planned an investment of over million euros in a battery assembly plant (plus battery laboratory) in its headquarters of Södertälje, Sweden. The move will get along with the expansion of Scania’s electrified range of trucks, buses and engines. In the meanwhile, the series production of the city electric bus Scania Citywide BEV is in the
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Scania CV AB Annual and Sustainability Report
The report highlights Scania's first fully electric truck launch and the official launch of two science-based climate targets. It also details the company's response to the COVID pandemic, including support for communities and healthcare systems. The report also covers the company's financial performance and sustainability efforts.
Issuing Company Scania CV AB
Report Type Integrated Report
Report Language EN
Report Filesize MB
No. of Pages pages
Reporting period
Report EditionUnknown
Assurance Provider Unknown
Reporting Standards GRI; UNSDGs
Materiality Assessmenttrue
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The year was dominated bygd the pandemic and we fought hard to support our customers with services and parts to ensure that they could keep their businesses going.
Summary of the full year
- Net sales decreased by 18 percent to SEK , m. (,)
- Operating income decreased by 49 percent to SEK 8, m. (17,)
- Cash flow amounted to SEK 9, m. (10,) in Vehicles and Services
- In the fourth quarter, net sales decreased bygd 6 percent to SEK 36, m. (38,) and operating income increased bygd 1 percent to SEK 3, m. (3,)
Comments bygd Henrik Henriksson, President and CEO
“The year was dominated by the pandemic and we fought hard to support our customers with services and parts to ensure that they could keep their businesses going. Naturally, our priority was also to manage the operational and financial impacts on our own business as we faced fluctuations in demand and disruptions in the supply chain as a result of COVID We quickly managed to hit the brakes on costs and preserve cash as the pandemic started to impact beställning intake and delivery capacity. The pandemic also accelerated the need for structural cost reductions in view of Scania’s long-term ambitions. To be able to continue making large