Traton shares shine as strong orders bode well for H2

Traton SE

28/04/2025 08:48

** Shares of Traton 8TRA.DE rise 5% after the German truck manufacturer reported an increase in its Q1 orders

** "Notably, incoming orders rose 12% to 74,300 vehicles, with robust order intake in Europe—MAN at 1.36x and Scania at 1.1x in Q1," JP Morgan points out

** The brokerage notes that Traton anticipates improved performance in H2 due to the higher orders

** Traton reported on Monday its Q1 results with sales down 10% year-on-year to 10.3 billion euros, and falling short of analysts' expectations of 10.55 billion euros seen in Vara Research consensus

** According to Jefferies, "the key question is how much spill over there will be from tariff's to the Europe cycle, but, the positives (fiscal, defence etc) are driving customer sentiment for now"

** The stock is on track for its best day since mid-February, if gains hold

 (Reporting by Simon Ferdinand Eibach)

 ((Simonferdinand.eibach@thomsonreuters.com))