Scania released their Q1 2016 report earlier today. Some highlights:
Scania’s sales amounted to SEK 23.1 billion (+3% vs PY) and earnings for the first quarter amounted to SEK 2,295 m (+2% vs PY).
Higher vehicle volume in Europe and higher service volume were partly offset by negative currency rate effects and low capacity utilisation in the production system in Latin America.
Demand in the eastern and southern parts of Europe increased strongest, while some of Scania’s traditional major markets were stable at a high level.
Demand in Brazil is still very low and even though order bookings in Russia rose somewhat compared to the previous year, there are no real signs of recovery in Latin America or Eurasia.
Full Q1.2016 report available here: http://www.scania.com/group/en/scania-interim-report-january-march-2016-2/