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Press conference Cecilia Edström, Corporate Relations
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Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

Sep 19, 2018

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Page 1: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

Press conferenceCecilia Edström, Corporate Relations

Page 2: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

Interim Report January–March 2007Jan Ytterberg, CFO

Page 3: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

Key figuresThree months 2007

+44%

+11%

+14%

25.7% (21.3%)Return on equitySEK 10.43 (7.24)Earnings per share

SEK 2,085 m.Net income15.9% (12.3%)Operating margin

+44%SEK 3,039 m.Operating income

SEK 19,129 m.Net sales

17,583 vehiclesDeliveries

Page 4: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

2003 2004 2005 2006 2007Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Total deliveriesTrucks and buses

0

4,000

8,000

12,000

16,000

20,000Units

Page 5: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

Service revenue

0

1,000

2,000

3,000

4,000

2003 2004 2005 2006 2007Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

SEK m.

Page 6: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

2003 2004 2005 2006 2007Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Operating incomeScania Group

EBIT margin

0

400

800

1,200

1,600

2,000

2,400

2,800

3,200

0

2

4

6

8

10

12

14

16

18

SEK m.

02

4

6

8

10

12

14

16

0

400

800

1,200

1,600

2,000

2,400

2,800

3,200 18%

Page 7: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

Three months2007

Operating incomeVehicles and Services

Three months2006

SEK 2,918 m.

SEK 2,000 m.Higher volumeCapacity utilisationPricesService

+

Currency effectsR&D

Page 8: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

Size of portfolioFinancial Services

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007

SEK m.

Page 9: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

Operating incomeFinancial Services

Increased volumeBalanced risk

+

Interest marginOperating expenses

–SEK 121 m.SEK 114 m.

Three months2007

Three months2006

Page 10: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

2003 2004 2005 2006 2007Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Cash flowVehicles and Services

0

500

1,000

1,500

2,000

2,500SEK m.

Note: Excluding acquisitions/divestments and Financial Services

Page 11: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

Net debtVehicles and ServicesSEK m.

2003 2004 2005 2006 2007

- 6,000

- 4,000

- 2,000

0

2,000

4,000

6,000

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

Page 12: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

Strong financial position

Distribution of SEK 10,000 m. to shareholdersRegular dividend SEK 15 per shareSplit 5:1 and mandatory redemption SEK 35 per share

Finances to remain strong during coming years

Page 13: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.
Page 14: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

Outlook 2007Leif Östling, CEO

Page 15: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

2003 2004 2005 2006 2007Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Total order bookingsTrucks and busesUnits

0

4,000

8,000

12,000

16,000

20,000

24,000

28,000

Page 16: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

Market developmentsEurope – trucks

Order bookings strong in Q1Western Europe +34%, Germany, Spain & UK strongCentral & eastern Europe +123%, Poland, Russiaespecially strong

Eastern & Central Europe more importantMore than 1/5 of deliveries in Q1

Gaining market share14.6% market share in EU 27 Q1 2007, up from 13.6% in Q1 2006

Page 17: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

Russia

Scania’s fifth largest market in Q1Expansion of service networkMarket leader (western brands)High demand in coming years

Page 18: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

Market developmentsOther markets – trucks

Latin America Order bookings up 43 percent in Q1Upturn mainly dueto Brazil

Africa, Asia and OceaniaOrder bookings in Asia up 12 percent in Q1Increase in most markets

Page 19: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

Building capacity

Present production rate: 80,000 vehiclesScania XPI productionin EuropeConcentration of production on track

80,00090,000

100,000

70,000

2006 2007 End 20092008

Scania vehicleproduction capacity

Page 20: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

Scania 2007

Significant volume upsideStrong order bookings in Q1Europe, Latin America showing healthy demand, no US exposureProduction rate 80,000 annually (from April)

Positive development service revenuesGrowing rolling fleetNetwork expansion

Page 21: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.

Note: (1) Compounded annual growth rate over the period(2) Total R&D expenditures (capitalized and expensed)

Future outlook

> 17EPS, % growth per annum(1)

< 4R&D(2), % of revenues

8–9Capex (incl. R&D(2)), % of revenues

12–15EBIT margin, % of revenues

~10Revenue, % growth per annum(1)

Outlook2007–2009

Page 22: Cecilia Edström, Corporate Relations · Q1 Q2 Q3 Q4 Q1Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow Vehicles and Services 0 500 1,000 1,500 2,000 2,500 SEK m.