July 23, 2014 11:41 PM ET

Machinery

Company Overview of Scania AB (publ)

Company Overview

Scania AB manufactures and sells trucks and buses, and industrial and marine engines worldwide. It operates through two segments, Vehicles and Services, and Financial Services. The Vehicles and Services segment provides trucks, buses and coaches, and engines, as well as offers services related to its products. This segment provides trucks for long-haulage, distribution, construction, and special-purpose applications; buses and coaches for public transport operators and coach companies; and engines for industrial, marine, and power generation applications, as well as used vehicles. This segment also provides trucks for mining applications, including exploration, development, extraction, mater...

Vagnmakarvägen 1

Södertälje,  151 87

Sweden

Founded in 1891

41,319 Employees

Phone:

46 8 55 38 10 00

Fax:

46 8 55 38 10 37

Key Executives for Scania AB (publ)

Chief Executive Officer
Age: 47
Chief Financial Officer
Age: 53
President of Scania Latin America Llda
Age: 59
Head of Production & Logistics
Age: 62
Head of Sales & Marketing
Age: 44
Compensation as of Fiscal Year 2014.

Scania AB (publ) Key Developments

Scania Announces No Dividend for the Financial Year 2013

Scania's annual general meeting for the financial year 2013 was held on June 11, 2014. The Annual General Meeting determined that no dividend would be disbursed to the shareholders for the financial year 2013.

Scania Announces Unaudited Earnings Results for the Second Quarter and First Half of 2014

Scania announced unaudited earnings results for the second quarter and first half of 2014. For the second quarter, the company reported net income of SEK 1,416 million compared to SEK 1,373 million reported for the same period last year. Income before taxes was at SEK 1,957 million against SEK 1,996 million reported last year. Net sales were at SEK 22,791 million against SEK 22,798 million reported last year. Operating income was at SEK 2,019 million against SEK 2,038 million reported last year. Cash flow from operating activities was at SEK 1,983 million against SEK 1,999 million reported last year. For the first half period, the company announced operating income rose by 8% to SEK 4,276 million compared to SEK 3,971 million a year ago. Net sales rose by 4% to SEK 43,917 million compared to SEK 42,139 million a year ago. Net income was at SEK 2,973 million compared to SEK 2,771 million reported for the same period last year. Income before taxes was at SEK 4,066 million against SEK 3,914 million reported last year. Return on equity was at 17.3% against 18.0% reported last year. Cash flow from operating activities was at SEK 4,313 million against SEK 3,315 million reported last year.

Scania AB Introduces New IMO Tier II-Certified Engines

Scania AB has introduced the new IMO Tier II-certified 13- and 16-liter engines. The engines have previously been certified according to the US EPA Tier 3 Marine and CCNR Stage II regulations (Central Commission for the Navigation of the Rhine). With the additional IMO Tier II certification, more customers can benefit from the high engine torque offered by Scania for coastal and oceangoing marine operations. With the newly-certified marine engines, DI13 80M and DI13 81M, and DI16 80M, Scania has a broad range of 13-liter engines from 162 to 551 kW and 16-liter engines from 221 to 736 kW. The Scania Marine Solution has thus been expanded, allowing more customers to tailor products for their specific operations.

Similar Private Companies By Industry

Company Name Region
IF Luftfilter AB Europe
Device Design AB Europe
ANDRITZ Iggesund Tools Europe
Barkvall Engineering AB Europe
PlaCell ab Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 14, 2014
Scania Tüketici Finansmani A.S.
Merger/Acquisition
February 28, 2014
Scania Grange
Merger/Acquisition
February 21, 2014
--
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Scania AB (publ), please visit www.scania.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.