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TRATON SE ( (DE:8TRA) ) just unveiled an announcement.
TRATON GROUP experienced a slow start to 2025, with a 10% decline in both unit sales and sales revenue in the first quarter. Despite these declines, the company remains optimistic about the second half of the year due to a 12% increase in incoming orders and a significant rise in demand for battery electric vehicles. The company’s various brands faced challenges, such as lower sales and profitability due to economic uncertainties and exchange rate effects, but there were positive developments in specific markets like Brazil. The company maintains its full-year outlook, expecting a range of -5% to +5% for unit sales and sales revenue, while closely monitoring geopolitical developments.
More about TRATON SE
TRATON SE is a leading company in the commercial vehicle industry, focusing on the production and sale of trucks and buses. It operates through several brands, including Scania, MAN Truck & Bus, International, and Volkswagen Truck & Bus, with a significant market presence in Europe and North America.
YTD Price Performance: 0.04%
Average Trading Volume: 316,855
Technical Sentiment Signal: Sell
Current Market Cap: €13.98B
Learn more about 8TRA stock on TipRanks’ Stock Analysis page.