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TRATON SE ( (DE:8TRA) ) has issued an announcement.
TRATON GROUP reported a challenging start to 2025 with a 10% decline in both 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 significant increase in incoming orders, particularly in Europe, and growing 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, while closely monitoring geopolitical developments that could impact its operations.
More about TRATON SE
TRATON GROUP is a prominent player in the commercial vehicle industry, focusing on manufacturing trucks and buses. The company operates several well-known brands, including Scania, MAN Truck & Bus, and Volkswagen Truck & Bus, with a strong 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
For a thorough assessment of 8TRA stock, go to TipRanks’ Stock Analysis page.