Scania Reports Rise In Q3 Profit

Scania AB

reported a rise in its net profit in third quarter. Scania's net profit for the three months to September 30 climbed to 2.34 billion Swedish kronor ($353 million), from SEK2.31 billion, the year-ago quarter. It order bookings surged 22% y/y to 18,894 units. Scania's net sales surged to SEK21.13 billion from SEK18.56 billion.