Swedish truck maker Scania says its order book has more than doubled in the past year. Total orders in Europe are up 112 per cent to 16,700 in the nine months to September, although deliveries are only six per cent higher at 12,900.
In its interim results, its reports that operating profit saw a nine-fold increase to SEK9bn (£852m) on net sales up 27 per cent to SEK55.6 billion (£5.25bn).
Orders globally are up 130 per cent with particularly strong growth in Asia and Eastern Europe.
Chief executive Leif Östling said: “Demand throughout Europe, including Russia, improved during the period from a very low level last year. The daily production rate has increased continuously during the period and Scania has focused on maintaining short delivery times. The increase in the production rate has meant that the risk of bottlenecks has increased among both sub-contractors and bodybuilding companies. Scania has hired production employees during the period, and to ensure flexibility these employees have been hired on temporary contracts.