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VOW Volkswagen AG News Story

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Traton rises as Q1 profit and orders beat forecasts

** Volkswagen's VOWG.DE truck group Traton 8TRA.DE is up 3% after it reported better-than-expected Q1 adjusted operating profit

   ** J.P. Morgan notes earnings were mainly driven by a strong start of the year at MAN brand thanks to a better top-line performance and cost management measures

** It also registered a 18% rise in quarterly incoming orders, supported by a rebound in the difficult North American market (+96%) and a considerable increase in South America (+25%) and Scania brand (+13%)

** Including today's rise, the stock has gained 3.93% YTD

($1 = 0.8546 euros)

 (Reporting by Emanuele Berro)

 ((emanuele.berro@thomsonreuters.com))

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