SOEDERTAELJE (dpa-AFX) - Swedish commercial vehicle manufacturer Scania AB (SVKBY.PK) posted a 29% decline in its fourth-quarter net income attributable to Scania shareholders to SEK 2.13 billion or SEK 2.67 per share from last year's SEK 3.0 billion or SEK 3.75 per share. Net sales for the recent quarter amounted to SEK 22.89 billion versus SEK 22.50 billion in the comparable period, up 2%. Currency rate effects, excluding currency hedges, had a negative impact of 4 percent. Order bookings were down by 27 percent compared to the fourth quarter of 2010. The board proposed a dividend of SEK 5.00 per share for the financial year 2011, with 9 May 2012 as the record date.
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