Scania‘s net sales rose to a record high SEK 119.7 billion, an increase of 15 percent compared with the previous year. Truck deliveries reached an all-time-high and demand for the new truck range was good. Higher vehicle and service volume impacted earnings positively, offsetting higher production costs for running double product ranges, constraints in the supply chain and an unfavourable market mix.

Scania president and CEO Henrik Henriksson says Scania‘s net sales in the first nine months of 2017 rose to a record high SEK 86.4 billion, an increase of 15 percent compared to the previous year.

“In the third quarter, in addition to continued high cost levels, currency started to impact negatively on earnings. Order bookings for trucks rose by 27 percent in the first nine months compared with the year-earlier period.”

Henriksson says the strong demand for trucks continued in Europe, and demand in other regions was positive. Strong sales efforts saw demand increase in Asia, particularly in China and Iran.