Scania Interim Report, January -- March 2005


SODERTALJE, Sweden, April 27, 2005 (PRIMEZONE) -- "Scania's operating income in the first quarter of 2005 rose by 15 percent to SEK 1,679 m. The operating margin climbed to more than 12 percent. Net income rose by 19 percent to SEK 1,155 m., which resulted in earnings per share of SEK 5.78 (4.87)," says Leif Ostling, President and CEO.

FIRST QUARTER IN BRIEF


                             Q1                   Change in %
                             2005        2004
 Units
 Trucks and bus chassis
 - Order bookings            15,441      15,538        -1

 - Deliveries                13,256      12,441         


 
 Revenue and earnings
 SEK m.  (unless otherwise stated)  EUR m.*

   Revenue                    1,518       13,873       13,083        6

 Operating income,
  Vehicles and Service          169        1,553        1,362       14

 Operating income, 
  Customer Finance               14          126          103       22

 Operating income               183        1,679        1,465       15

 Income before taxes            185        1,698        1,374       24

   Net income                   126        1,155          974       19

 Operating margin,
  in percent                     12.1         11.2

 Return on equity,
  in percent                     21.4         17.9

 Return on capital
  employed, Vehicles
  and Service, in percent        29.0         23.1

   Earnings per share, SEK        5.78         4.87

 Cash flow, Vehicles
  and Service                    30          272          302

 Number of employees,
  31 March                   30,215       29,472           N

 Number of shares: 200 million**

  * Translated to euros solely for the convenience of the reader at
   a balance sheet date exchange rate of SEK 9.138 = EUR 1.00.

  ** 26,296,508 shares owned by Scania's subsidiary Ainax have 
      been eliminated.

Unless otherwise stated, all comparisons in brackets refer to the same period of last year.

This report is also available at www.scania.com

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