Scania Interim Report - January

SODERTALJE, Sweden, Oct. 27, 2003 (PRIMEZONE) -- "Scania's profit has, during the first nine months of the year, been in line with my expectations. Economic growth in Scania's main markets in western Europe was weak but is expected to improve somewhat next year. Earnings for the rest of 2003 is expected to remain at a satisfactory level," says Leif Ostling, President and CEO.


 FIRST THREE QUARTERS IN BRIEF   Nine months    Change        Q3
                                                in %
 Units                           2003   2002              2003   2002
 Trucks and buses
 - Order bookings               35,451  35,166      1    10,566 10,922
                                                           
 - Deliveries                   35,469  30,261     17    10,994  9,165
                                                            

 Revenue and earnings
 SEK m. (unless otherwise
 stated)
 .        Revenue, Scania       36,586  33,837      8    11,567 10,381
 Group                                                      

 Operating income, Vehicles and  3,360  2,189       53      803    628
 Service
 Operating income, Customer        276    248       11      100     82
 Finance
 Operating income, Scania        3,636  2,437       49      903    710
 products
 Operating income in divested        -    550                 -      -
 car operations
 Operating income, Scania Group  3,636  2,987       22      903    710
 Income before taxes             3,204  2,462       30      765    532
 .        Net income             2,119  1,831       16      495    372

 Operating margin, Scania          9.9    7.2               7.8    6.8
 products, percent
 Return on equity, percent1       17.8   11.7
 Return on capital employed,      21.4   13.7
 Vehicles and Service, percent1
 .        Earnings per share,    10.60   9.16              2.48   1.86
 SEK
 Cash flow excluding Customer      940  2,137               387  1,149
 Finance and
 divestments/acquisitions of
 companies
 Number of employees, 30        28,960  28,212
 September                           

 Number of shares: 200 million
 1 Calculations are based on rolling 12-month income.
 Unless otherwise stated, all comparisons in brackets refer to the same
 period of last year.
 This report is also available at www.scania.com


 Contact persons:
 Johan Haeggman, Corporate Relations tel. +46-8 5538 0053,
                                  mobile tel. +46-70 383 5200
 Joanna Daugaard, Investor Relations tel. +46-8 5538 3716,
                                  mobile tel. +46-70 518 3716
 Torbjorn Boije, Corporate Control   tel. +46-8 5538 2228,
                                  mobile tel. +46-70 591 5016

Scania Interim Report - January - September 2003

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