Report
Anthony Dick ...
  • Michael Foundoukidis

TRATON : A very robust quarter reflecting the efforts made...and the remaining potential

>Q2 results even more solid than at first glance, 2024 scenario confirmed - TRATON’s Q2 earnings, reported on Friday before trading, came in line with forecasts overall, but with wide disparities between the group’s divisions (see our First Take here for more details). Indeed, most divisions showed a very robust performance that beat expectations, with the exception of Navistar in North America that was penalised by disruptions in its supply chain (mirror supplier). ...
Underlying
TRATON SE

Traton SE is a Germany-based manufacturer of commercial vehicles. The Company operates through a number of brands, which includes MAN, a commercial vehicle manufacturer, which specializes in the production of vans, as well as city buses and intercity and travel coaches; Scania, which provides transport solutions, heavy duty vehicles for long-distance and distribution transport, as well as construction vehicles; Volkswagen Caminhoes E Onibus, which is a provider of light-to heavy-duty trucks and bus for markets, such as Latin America and Africa, and Rio, which is a global brand for digital services in the transport industry that offers an open, vendor-neutral and cloud-based platform for freight transport.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Anthony Dick

Michael Foundoukidis

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