In connection with the annual report, Scania has awarded a record bonus of 62,500 kronor to 20,000 employees in production, research, and development.
The total amount – which is part of the net profit for the year – amounts to 1.25 billion in employee bonuses.
"Thanks to our agreement on profit sharing, we can celebrate a record-high bonus this year. We are particularly proud that we have agreed with the group management to raise the bonus above the maximum level. This shows how much the employees' efforts are appreciated by Scania," writes a representative for IF Metall, Unionen, Akademikerföreningen, and Ledarna in a comment published internally at Scania.
Record profit and revenue
The bonus announcement comes at the same time as Scania reports a record profit and revenue for the full year in its annual report for 2024.
For the fourth quarter, Scania reports an adjusted operating profit of 668 million euro, up from 644 million euro a year earlier.
For Södertälje-based Scania – part of Traton – an adjusted operating profit of 668 million euro is reported, up from 644 million a year earlier.
The order intake for Scania during last year's fourth quarter amounts to 24,599 vehicles, up from 22,299 a year earlier. Deliveries, however, decreased marginally to 28,014 vehicles, down from 28,984 vehicles.
Scania's revenue decreased to 5.0 billion euro, down from 5.2 billion euro.
However, the outlook for Traton – which includes Scania, MAN, and Volkswagen Truck & Bus – is clouded by geopolitical uncertainty. In its forecast for the year, Traton writes that it sees slightly lower demand ahead for trucks on the group's core markets.
Lower forecast than expected
The adjusted operating margin for 2025 is expected to land somewhere in the range of 7.5-8.5 percent. This was slightly lower than the average forecast among analysts, which was 8.7 percent according to Bloomberg – which disappointed the market.
Traton's total order intake in the fourth quarter of 2024 decreased to 73,806 vehicles, down from 75,187 during the corresponding quarter a year earlier.
However, the adjusted operating profit increased to 1.21 billion euro, up from 1.16 billion a year earlier. And deliveries during the quarter also increased, albeit only marginally, to 88,831 vehicles.
