scania interim report january-september 2014
TRANSCRIPT
1
Interim Report, January–September 2014 Erik Ljungberg, Corporate Relations
2
Business overview Martin Lundstedt, President and CEO
Third quarter 2014
Truck order bookings decreased from
a high level
Higher market share in Europe and
Russia
Strong increase in Engine order
High growth in service revenue
Strong result in Financial Services
3
Demand trend Scania trucks, order bookings
4
Seasonal downturn
in Europe in Q3
Lower economic
activity in Latin
America
Low level in Eurasia
Asia supported by
large orders
0
5 000
10 000
15 000
20 000
25 000
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2012 2012 2012 2012 2013 2013 2013 2013 2014 2014 2014
Units
5
Strong growth in
Q3, revenue +11%
Ambition to
increase market
share
~100,000
connected Scania
vehicles by year-
end
Growing service revenue
3 000
4 000
5 000
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2010 2011 2012 2013 2014
SEK m.
6
Interim Report, January–September 2014 Jan Ytterberg, CFO
Volume trend Total deliveries, trucks and buses
7
Significantly lower
deliveries in Latin
America
Strong increase
in Asia
Total production
volume stable
during Q3 y/y 0
4 000
8 000
12 000
16 000
20 000
24 000
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2010 2011 2012 2013 2014
Units
Earnings trend Operating income, Scania Group
8
Net sales SEK 21,721
m. in Q3 (+10%)
Operating margin
9.6% (10.0) in Q3
Net income SEK
1,394 m. (1,462)
in Q3
Cash flow in V&S
SEK 900 m. (1,336)
in Q3
0
2
4
6
8
10
12
14
16
18
20
0
500
1 000
1 500
2 000
2 500
3 000
3 500
4 000
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2010 2011 2012 2013 2014
Percent SEK m.
Operating income Operating margin
9