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TRATON GROUP Increases Revenue, Profit, and Margin in H1 2024

Munich, July 26, 2024 – TRATON GROUP posted a 2% increase in sales revenue, reaching €23.4 billion in the first half of 2024. Adjusted operating profit rose 7% to €2.1 billion, and the operating return on sales improved to 9.1%, driven by a better cost structure and product mix.

Incoming orders remained stable at 125,400 vehicles, while unit sales dropped 5% to 160,100 units. Despite these mixed results, TRATON Financial Services saw higher interest income and a larger portfolio, contributing to revenue growth.

Scania and MAN brands showed improved operating returns, whereas Navistar struggled due to supply chain disruptions. Volkswagen Truck & Bus improved its sales and margins significantly in Brazil.

CEO Christian Levin emphasized the benefits of TRATON's global footprint and ongoing efforts in sustainable transportation, including development in e-mobility infrastructure.

R. E.

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