Trade Resources Industry Trends Total Deliveries Increased by 19 Percent to 37,980 (32,032) Vehicles in H1 2013

Total Deliveries Increased by 19 Percent to 37,980 (32,032) Vehicles in H1 2013

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During the first half of 2013, total deliveries increased by 19 percent to 37,980 (32,032) vehicles, compared to the same period of 2012. Net sales rose by 7 percent to SEK 42,139 m. (39,338). Currency rate effects had a negative impact of 7 percent on sales. Order bookings rose by 22 percent to 43,351 (35,395) vehicles, compared to the first half of 2012.

During the second quarter, deliveries increased by 33 percent to 21,042 (15,794) vehicles and net sales rose to SEK 22,798 m. (19,211), an upturn of 19 percent. Currency rate effects had a negative impact of 6 percent on sales. Order bookings rose by 15 percent to 22,564 (19,586) vehicles.

Scania's order bookings during the first half of 2013 amounted to 38,930 (32,271) trucks, an upturn of 21 percent compared to the same period in 2012. In the second quarter, order bookings increased by 15 percent to 20,694 (18,036) trucks. Order bookings also increased compared to the first quarter of 2013.

Order bookings in Europe improved significantly and rose by 25 percent to 9,970 (7,970) units during the second quarter. Order bookings rose especially in Great Britain, Germany and the Nordic countries. Aside from the uncertain economic situation, in Scania's assessment there is a replacement need in light of the low truck deliveries of recent years. Demand is also supported by customers that are investing in Euro 5 vehicles before year-end. This applies mainly to markets where there are no subsidies for Euro 6 vehicles. The Euro 6 emission standard will be introduced in the European Union on December 31, 2013. Owing to significantly more advanced technology, trucks with Euro 6 engines will command a higher sales price than equivalent Euro 5 vehicles. It is uncertain to what extent Euro 6 vehicles will be subsidized in the toll system of Germany's Autobahn motorway network.

Source: http://www.chinatrucks.com/news/2013/0815/article_4750.html
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Sales Performance of Scania in First Half Year