Leading market positions in Europe and South America in the manufacture of heavy trucks and buses. An up-to-date product range and the highest degree of component commonality in the global truck industry. Operations in industries characterized by high volatility and capital intensity. Very strong profitability relative to peers'. A conservative financial policy and a modest financial risk profile. Good financial flexibility. Strong cash flow generation, even at weaker points of the cycle. Very low debt level, close to nil. The positive outlook on Swedish heavy truck and bus manufacturer Scania AB reflects that of Standard&Poor's Ratings Services' on its main owner, Volkswagen AG (VW) in light of its current bid to take-over full ownership in the company. Prior
