Scania reports stronger Q2 as truck demand and services drive profitability
Scania delivered a strong second quarter in 2026, with higher truck deliveries, significantly stronger order intake and continued growth in its services business despite an uncertain global market.
Sales revenue increased by 6% year-on-year to SEK 53.1 billion, while adjusted operating margin improved to 11.6% from 9.8%. Truck deliveries rose by 7% to 26,274 vehicles, and incoming truck orders jumped by 41% to 28,743 units. Deliveries of battery-electric trucks also continued to increase, although volumes remain relatively modest.
According to Scania, improved profitability was driven by higher truck volumes, a favourable product mix, continued cost efficiencies and strong growth in services. These gains more than offset increased investments in research and development and the ramp-up costs of the company's new production hub in China.
Demand was particularly strong in Brazil, supported by the Move Brazil financing programme, while Scania also continued the rollout of its NEXT ERA truck range in China. The company said delivery flow challenges experienced earlier this year have largely been resolved.
Scania also continued investing heavily in electrification. During the quarter, the company opened customer orders for its Megawatt Charging System (MCS) and introduced a new under-cab battery module that extends vehicle range without reducing payload capacity.
The company also announced a major investment in its Angers production facility in France to significantly increase battery-electric truck production capacity in Europe. In addition, Scania signed an agreement to supply 105 battery-electric trucks to Nordic chemical logistics company Wibax, one of the largest electric truck orders in the European Union to date.
President and CEO Christian Levin said Scania's performance demonstrates the strength of its customer offering despite continued geopolitical and macroeconomic uncertainty.
"We continue to challenge our cost base and improve efficiency across the business. These efforts give us the financial strength and flexibility to keep investing in the technologies, digital capabilities and industrial footprint that will shape the future of transport," Levin said.
Key figures Q2/2026
- Sales revenue: SEK 53.1 billion (+6%)
- Adjusted operating margin: 11.6% (9.8%)
- Truck deliveries: 26,274 (+7%)
- Truck order intake: 28,743 (+41%)
- Battery-electric truck deliveries: 265 (117)