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Sweden Scania first quarter net profit soared





Super cars news according to Dow Jones News Service reported that the vehicle manufacturers Scania Sweden (Scania AB) recently published the report shows, benefit from capacity utilization increases and cost reductions, the company first quarter net profit soared, growth will continue through the second quarter.

In the first quarter of 2010, Scania's net profit-Sweden kronor 14.2 million (approximately $ 1.94 million), net profit 1.79 billion Sweden krona (approximately $ 0.25 million) rose sharply; sales rose by 4% to $ 165 billion in Sweden krona (approximately $ 22.7 million).

In the first quarter of 2010, Scania trucks and buses sales for 16,151, on a year-on-year sales increased substantially compared with the 6,061.

Scania CEO Stavrev ・ Otis Stirling (Leif Ostling) that the firms in the second quarter will use the remaining capacity continues to expand production.