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TRATON SE ( (DE:8TRA) ) has issued an announcement.
TRATON GROUP reported a slow start to 2025 with a 10% decline in both sales revenue and unit sales in the first quarter. Despite these declines, the company maintains a positive outlook for the second half of the year due to a 12% increase in incoming orders, particularly driven by a 56% rise in Europe and growing demand for battery electric vehicles. The company’s brands experienced varied performance, with Volkswagen Truck & Bus showing improvement in Brazil, while Scania, MAN Truck & Bus, and International faced challenges due to economic uncertainties and exchange rate effects. TRATON remains cautiously optimistic about the future, maintaining its full-year outlook and emphasizing its cross-brand collaboration and international presence.
More about TRATON SE
TRATON GROUP operates in the automotive industry, focusing on manufacturing commercial vehicles and providing vehicle services. The company is known for its brands such as Scania, MAN Truck & Bus, International, and Volkswagen Truck & Bus, with a market focus on Europe, North America, and Brazil.
YTD Price Performance: 0.04%
Average Trading Volume: 316,855
Technical Sentiment Signal: Sell
Current Market Cap: €13.98B
For a thorough assessment of 8TRA stock, go to TipRanks’ Stock Analysis page.