Scania’s 2020 income battered by the pandemic
10 March 2021
Company reports slump in income but said it remains focused on decarbonising its product portfolio
Net sales and operating income were hit hard in 2020 at Scania as COVID-19 took its toll.
Unveiling its summary for 2020 the Swedish-headquartered truck, bus and engine company said operating income decreased by 49% whilst net sales decreased by 18% compared with the previous year.
However, in the fourth…
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