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TRATON SE ( (DE:8TRA) ) has issued an update.
TRATON GROUP experienced a challenging start to 2025, with a 10% decline in sales revenue and unit sales in the first quarter compared to the previous year. Despite these setbacks, the company remains optimistic about the second half of the year due to a 12% increase in incoming orders and a strong demand for battery electric vehicles. The company maintains its full-year outlook, expecting a range of -5% to +5% for unit sales and sales revenue. The performance of TRATON’s brands varied, with Volkswagen Truck & Bus showing improvement, while Scania, MAN Truck & Bus, and International faced declines in operating returns due to market conditions and exchange rate effects.
More about TRATON SE
TRATON GROUP operates in the commercial vehicle industry, focusing on manufacturing trucks, buses, and related services. The company is known for its brands such as Scania, MAN Truck & Bus, and Volkswagen Truck & Bus, and it serves a global market with a significant 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
For a thorough assessment of 8TRA stock, go to TipRanks’ Stock Analysis page.
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