on TRATON SE (isin : DE000TRAT0N7)
TRATON SE Exceeds Market Expectations for Q3 2024
TRATON SE announced preliminary results for the third quarter of 2024, revealing an operating result and net cash flow surpassing market expectations. The company's success is attributed to quicker recovery from supply chain issues at International Motors and an improved price/product mix at Scania Vehicles & Services.
For Q3 2024, TRATON reported an adjusted operating result of €1,140 million, a 19% increase from €955 million in Q3 2023, exceeding the market consensus of €1,026 million. The operating return on sales improved to 9.6% from 8.4%. Additionally, net cash flow for TRATON Operations increased to €1,279 million, beating the forecast of €808 million.
Despite this positive performance, TRATON SE maintains its full-year outlook for 2024. Detailed financial figures for Q3 2024 and the nine-month interim statement will be released on October 28, 2024.
R. E.
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