Scania Posts Lower Q2 Profit

By: Benzinga
Scania AB (OTC: SVKBY ) reported a drop in its second-quarter net profit. Scania's quarterly net profit fell to SEK1.38 billion, from SEK1.46 billion, in the year-ago period. However, analysts were expecting a profit of SEK1.74 billion. Its revenue rose to SEK22.8 billion from SEK19.21 billion, versus estimates of SEK21.29
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