TRATON : The transformation is well underway and still carries strong potential
>After the excellent Q1 results, a guidance raise as promised - Yesterday morning TRATON reported final Q1 results that came in line with the preliminary figures released on 14 April, which as a reminder showed very robust EBIT, far higher than expected. With results already disclosed, the focus of the release naturally turned to the outlook, and management did not disappoint with a still-confident message and, as promised, a guidance upgrade. Although the group maint...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.
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.
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