|
EQS-Ad-hoc: TRATON SE / Key word(s): Quarter Results
Munich, April 14th, 2023 – Supported by continued strong demand for commercial vehicles, improved production levels and strong product positioning, the TRATON GROUP has recorded a very strong development in the course of the first three months of 2023, which clearly exceeds market expectations.
Based on preliminary figures, the TRATON GROUP for Q1 2023 expects unit sales of around 84.6 k vehicles and a sales revenue of around 11.2 billion Euros. Order intake is expected to amount to around 68.5 k units, mainly as a result of continued restrictive order acceptance and a very large order book and despite continued strong market demand. The TRATON GROUP expects for Q1 2023 an operating result (adjusted)* of about 935 million Euros and an operating return on sales (adjusted)* of around 8.4%. Key for this development are, in particular, strongly improved operating results (adjusted) at Scania Vehicles & Services (operating result (adjusted) about 550 million Euros; operating return on sales (adjusted) 13.3%) and MAN Truck & Bus (operating result (adjusted) about 195 million Euros; operating return on sales (adjusted) 5.8%). The net cash flow of TRATON Operations is expected to amount to around 735 million Euros. This includes the proceeds from the sale of Scania Financial Services Russia in the amount of 400 million Euros. Based on the better-than-expected development in the first three months of the year, the company will review its outlook for financial year 2023 and intends to provide an update with the publication of its interim statement on May 2, 2023. *The definitions of the operating result (adjusted) as well as the operating return on sales (adjusted) are to be found on page 54 of the annual report 2022 - https://ir.traton.com/websites/traton/English/3000/reports-_-presentations.html Contact: Lars Korinth Head of Investor Relations T +49 152 3137 3138 lars.korinth@traton.com TRATON SE Hanauer Strasse 26 80992 Munich, Germany www.traton.com End of Inside Information
14-Apr-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | TRATON SE |
| Hanauer Str. 26 | |
| 80992 München | |
| Germany | |
| Phone: | +49 (0)89 360 98 70 |
| E-mail: | investor.relations@traton.com |
| Internet: | www.traton.com |
| ISIN: | DE000TRAT0N7 |
| WKN: | TRAT0N |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Stockholm |
| EQS News ID: | 1608395 |
| End of Announcement | EQS News Service |
|
|
1608395 14-Apr-2023 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.
