Scania Q1 profit margin steady at 11.0% in 2026

Scania said first-quarter sales revenue fell 8% year on year to SEK44.9bn (about US$4.7bn) as deliveries declined 6% to 20,978 vehicles, citing constraints in its delivery flows. The Swedish truck maker held its adjusted return on sales steady at 11.0%, supported by cost efficiency and continued momentum in its service business.

Order intake rose 10% to 27,318 vehicles in the quarter, with zero-emission vehicle orders more than doubling to 342 units from 154 a year earlier. Zero-emission vehicle deliveries also climbed, to 130 units from 104.

The Traton Group subsidiary said European demand started the quarter strongly before softening as economic volatility increased, partly due to the war in Iran. In Latin America, order growth was driven by Brazil, where a subsidised loan programme for fleet renewal supported demand.

“Scania performed well, with strong service momentum and solid truck orders, despite lower delivery volumes in the first quarter,” Christian Levin, President and Chief Executive of Scania and Traton Group, said. “Our focus on building resilience, including accelerating our presence in China and improving speed, efficiency and cost-competitiveness, is beginning to pay off, helping us navigate a volatile environment.”

Source: Scania