Leading market positions in Europe and South America in the manufacture of heavy trucks and buses. Up-to-date product range and the highest degree of component commonality in the global truck industry. A conservative financial policy and a modest financial risk profile, very strong profitability relative to peers', and good financial flexibility. Operations within industries characterized by high volatility and high capital intensity. Sizable operations in regions that might be susceptible to economic and political instability (such as Brazil). The ratings on Sweden-based truck and bus manufacturer Scania (publ.) AB reflect the group's satisfactory business profile and modest financial risk, according to Standard&Poor's Ratings Services' criteria. The ratings are supported by Scania's very strong profitability in the global truck