Scania Who?

I was super excited when I found out we were getting an actual company and doing a spreadsheet on their figures – I do love numbers and a good spreadsheet. I was hesitant when I found my company was overseas, however, motor vehicle transport are standard no matter the destination so my fingers were crossed Scania wouldn’t be too difficult to understand!

Scania. The first sentence from their website sums up exactly what they are about “Scania is a world leading provider of transport solutions. Together with our partners and customers we are driving the shift towards a sustainable transport system.” The company sell transport trucks, buses and coaches and also engines for other vehicle types. Their main focus on production types is sustainability and innovation, and this is repeated throughout their website and annual reports, showing that they want their business to not only grow in the modern world but also to protect our planet.

Finding the annual reports for Scania was quite simple. From the home page, investor relations and there was a link to all annual/sustainability reports.

Coincidentally as I write this blog, a news article on the companies interim report for 2019 show the company has hit a record sales with an increase of 17% compared to last year. This is a growing trend for Scania. Check out the article here .

As per the chart shown below, Net Sales & Income are steadily increasing and I believe this has a lot to do with their approach for the future. Please take a look at this company, whilst they are based in Sweden, they are a very intriguing business.

I will be posting my draft of ASS #1 Step 3 & 4 within the next day. I am looking forward to reading about other companies and drafts.

Hope you are all having a great week 🙂