Oct 28 Reuters Volkswagen39;s truck unit Traton on Monday reported a 3 rise in ninemonth revenue amid subdued demand for commercial vehicles.

Sales stood at 35.3 billion euros 38.10 billion by the end of September, while profitability rose at its key Scania unit with a 14.4 return on sales versus 12.8 last year.

The truckmaker last week released thirdquarter operating profit and reported a return on sales above expectations driven by robust sales in its US brand International and Swedish unit Scania.

Well aware that the final quarter will be challenging, we are still targeting the upper end of the adjusted return on sales outlook range of 8 to 9, finance chief Michael Jackstein said in a statement.

1 0.9264 euros

Reporting by Andrey Sychev, Editing by Rachel More

Source Reuters