Earnings

In 2010, net sales in the truck operations increased by 20% to SEK 167,305 M (138,940). The operating income improved to SEK 10,112 M (loss: 10,805), while the operating margin was 6.0% (neg: 7.8).

The improvement in operating income is principally due to improved sales and the considerable cost savings implemented in 2009. Higher capacity utilization as a side effect of increased production levels in most plants contributed to improved operating income.