Anuncio • Apr 02
TRATON GROUP and Applied Intuition Announces TRATON ONE OS, a Unified Software Platform for Improved Fleet Uptime Across TRATON's Four Global Brands The TRATON GROUP and Applied Intuition, Inc. announced TRATON ONE OS, a next-generation software-defined vehicle platform that will power all new vehicles across TRATON's four brands: Scania, MAN, International and Volkswagen Truck & Bus. Building on more than a year of co-development, the two companies are deploying a single unified platform that's at the forefront of innovation to deliver benefits to customers: Prevent costly downtime: The system's unified data access is designed to enable predictive maintenance capabilities that allow fleet operators to identify and address potential mechanical issues before they lead to breakdowns, service recalls or unplanned downtime. Future-proof fleets: Customers will be able to receive new applications, features and full-cabin user-interface upgrades via over-the-air software updates, eliminating many workshop visits and allowing vehicles to improve throughout their operational life. Unlock the autonomous future: The platform's adaptive middleware is designed to serve as a foundation for autonomous driving systems, enabling TRATON to layer autonomous capabilities onto the same architecture over time. Designed to bring the speed, flexibility and continuous update cycles of modern software development to the commercial vehicle industry, TRATON ONE OS will operate on all high-performance computers (HPCs) in TRATON's new vehicle architecture. The platform supports multiple hardware chipsets and global regulatory environments while giving TRATON teams a common foundation to build on — all without compromising each brand's distinct customer experience. Testing of the first integrated ECU hardware will begin in April 2026, with rollout across new trucks targeted for 2028. The platform is being co-developed as a white-box modular architecture that combines TRATON's internal development with Applied Intuition's Vehicle OS for trucking, as well as trusted third-party and open-source components. This modular approach allows TRATON to replace or consolidate compute units over time without fragmenting the software stack or rewriting the platform or applications, supporting the company's long-term ambition to move toward fewer, more powerful high-performance computers. Anuncio • Jan 30
Traton SE to Report Nine Months, 2026 Results on Oct 28, 2026 Traton SE announced that they will report nine months, 2026 results on Oct 28, 2026 Anuncio • Jan 29
Traton SE to Report Q2, 2026 Results on Jul 23, 2026 Traton SE announced that they will report Q2, 2026 results on Jul 23, 2026 Anuncio • Jul 25
Traton SE Updates Earnings Guidance for the Full Year 2025 Traton SE updated earnings guidance for the full year 2025. For the period, the company now expects a range of negative 10% to 0% (previously negative 5% to positive 5%) for unit sales and sales revenue. Anuncio • Mar 28
Traton SE, Annual General Meeting, May 14, 2025 Traton SE, Annual General Meeting, May 14, 2025, at 10:00 W. Europe Standard Time. Anuncio • Mar 10
Traton SE to Report Q1, 2025 Results on Apr 28, 2025 Traton SE announced that they will report Q1, 2025 results at 9:00 AM, Central European Standard Time on Apr 28, 2025 Anuncio • Jan 24
Volkswagen Reportedly Plans to Lower Traton Stake Volkswagen AG (XTRA:VOW3) intends to divest a 15% stake in its truck subsidiary Traton SE (XTRA:8TRA), pursuing proceeds of around EUR 2 billion (USD 2.08 billion), local magazine Manager Magazin reported on Wednesday. The potential deal is expected to take place in the first half of 2025, the magazine said, citing unnamed sources. Volkswagen currently holds 89.72% of Traton after selling a 10.28% stake in an initial public offering (IPO) in 2019. In May 2024, however, Volkwagen CEO Oliver Blume indicated intentions to reduce the shareholding to 75% plus one share in the medium-term. Anuncio • Nov 28
Traton SE to Report First Half, 2025 Results on Jul 25, 2025 Traton SE announced that they will report first half, 2025 results on Jul 25, 2025 Reported Earnings • Oct 28
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: €1.45 (up from €1.40 in 3Q 2023). Revenue: €11.9b (up 4.8% from 3Q 2023). Net income: €724.0m (up 3.1% from 3Q 2023). Profit margin: 6.1% (down from 6.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 8.7%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Anuncio • Oct 28
Traton SE to Report Q4, 2024 Results on Mar 10, 2025 Traton SE announced that they will report Q4, 2024 results on Mar 10, 2025 Reported Earnings • Jul 28
Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2024 results: EPS: €1.17 (down from €1.37 in 2Q 2023). Revenue: €11.6b (flat on 2Q 2023). Net income: €585.0m (down 14% from 2Q 2023). Profit margin: 5.0% (down from 5.9% in 2Q 2023). Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 8.3%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Anuncio • Jun 26
Traton SE(XTRA:8TRA) dropped from Germany SDAX (Total Return) Index Traton SE has been Dropped from SDAX (Total Return) Index Upcoming Dividend • Jun 07
Upcoming dividend of €1.50 per share Eligible shareholders must have bought the stock before 14 June 2024. Payment date: 18 June 2024. Payout ratio is a comfortable 28% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.4%). Anuncio • May 14
Volkswagen Reportedly Explores Stock Sale in Traton Volkswagen AG (XTRA:VOW3) is exploring the sale of as much as €1 billion ($1.1 billion) of stock in Traton SE (XTRA:8TRA), people familiar with the matter said, taking advantage of the truckmaker’s surging price to increase the number of shares available for trading. VW, which owns about 90% of Traton, has been talking to potential advisers about a sale to institutional investors via an accelerated bookbuilding transaction as soon as the next few weeks, the people said. The size of the offering could be about €500 million to €1 billion depending on market conditions, according to the people. Declared Dividend • Apr 28
Dividend increased to €1.50 Dividend of €1.50 is 114% higher than last year. Ex-date: 14th June 2024 Payment date: 18th June 2024 Dividend yield will be 4.5%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but not covered by cash flows (266% cash payout ratio). The dividend has increased by an average of 11% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: €1.50 (vs €1.11 in 1Q 2023) First quarter 2024 results: EPS: €1.50 (up from €1.11 in 1Q 2023). Revenue: €11.8b (up 5.5% from 1Q 2023). Net income: €752.0m (up 36% from 1Q 2023). Profit margin: 6.4% (up from 5.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 11
Price target increased by 8.6% to €34.81 Up from €32.05, the current price target is an average from 16 analysts. New target price is approximately in line with last closing price of €34.00. Stock is up 76% over the past year. The company is forecast to post earnings per share of €5.10 for next year compared to €4.90 last year. Price Target Changed • Apr 07
Price target increased by 7.6% to €33.32 Up from €30.98, the current price target is an average from 15 analysts. New target price is approximately in line with last closing price of €33.80. Stock is up 94% over the past year. The company is forecast to post earnings per share of €5.03 for next year compared to €4.90 last year. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €32.50, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Machinery industry in Germany. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €42.95 per share. Price Target Changed • Mar 06
Price target increased by 11% to €29.26 Up from €26.48, the current price target is an average from 14 analysts. New target price is approximately in line with last closing price of €30.32. Stock is up 67% over the past year. The company is forecast to post earnings per share of €5.01 for next year compared to €4.90 last year. Reported Earnings • Mar 05
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: €4.90 (up from €2.28 in FY 2022). Revenue: €46.9b (up 16% from FY 2022). Net income: €2.45b (up 115% from FY 2022). Profit margin: 5.2% (up from 2.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 5.5%. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 26
Third quarter 2023 earnings: EPS and revenues exceed analyst expectations Third quarter 2023 results: EPS: €1.40 (up from €0.065 loss in 3Q 2022). Revenue: €11.3b (up 7.2% from 3Q 2022). Net income: €702.0m (up €734.0m from 3Q 2022). Profit margin: 6.2% (up from net loss in 3Q 2022). Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Anuncio • Oct 26
Traton SE Provides Revenue Guidance for the Full Year 2023 Traton SE provided revenue guidance for the full year 2023. for the year, the company expects unit sales and sales revenue to increase by 5% to 15% each. Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: €1.37 (vs €0.54 in 2Q 2022) Second quarter 2023 results: EPS: €1.37 (up from €0.54 in 2Q 2022). Revenue: €11.7b (up 23% from 2Q 2022). Net income: €683.0m (up 155% from 2Q 2022). Profit margin: 5.9% (up from 2.8% in 2Q 2022). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 26
Upcoming dividend of €0.70 per share at 3.6% yield Eligible shareholders must have bought the stock before 02 June 2023. Payment date: 06 June 2023. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.9%). Reported Earnings • May 03
First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2023 results: EPS: €1.11 (up from €0.84 in 1Q 2022). Revenue: €11.2b (up 31% from 1Q 2022). Net income: €555.0m (up 32% from 1Q 2022). Profit margin: 5.0% (in line with 1Q 2022). Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €20.80, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Machinery industry in Germany. Total returns to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €32.74 per share. Price Target Changed • Mar 15
Price target increased by 11% to €20.90 Up from €18.86, the current price target is an average from 14 analysts. New target price is 18% above last closing price of €17.64. Stock is down 4.6% over the past year. The company is forecast to post earnings per share of €3.39 for next year compared to €2.28 last year. Reported Earnings • Mar 09
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: €2.28 (up from €0.91 in FY 2021). Revenue: €40.3b (up 32% from FY 2021). Net income: €1.14b (up 150% from FY 2021). Profit margin: 2.8% (up from 1.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 5.4%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Price Target Changed • Mar 08
Price target increased by 8.9% to €20.07 Up from €18.43, the current price target is an average from 14 analysts. New target price is 12% above last closing price of €17.92. Stock is up 1.5% over the past year. The company is forecast to post earnings per share of €2.41 for next year compared to €0.91 last year. Anuncio • Dec 09
Traton SE, Annual General Meeting, Jun 01, 2023 Traton SE, Annual General Meeting, Jun 01, 2023. Reported Earnings • Oct 29
Third quarter 2022 earnings released: €0.065 loss per share (vs €0.64 profit in 3Q 2021) Third quarter 2022 results: €0.065 loss per share (down from €0.64 profit in 3Q 2021). Revenue: €10.6b (up 31% from 3Q 2021). Net loss: €32.0m (down 110% from profit in 3Q 2021). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 30
Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2022 results: EPS: €0.54. Revenue: €9.46b (up 34% from 2Q 2021). Net income: €268.0m (up 24% from 2Q 2021). Profit margin: 2.8% (down from 3.1% in 2Q 2021). Revenue missed analyst estimates by 100%. Earnings per share (EPS) exceeded analyst estimates by 57%. Over the next year, revenue is forecast to grow 7.2%, compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €15.00, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 12x in the Machinery industry in Germany. Total loss to shareholders of 42% over the past year. Upcoming Dividend • Jun 03
Upcoming dividend of €0.50 per share Eligible shareholders must have bought the stock before 10 June 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.2%). Higher than average of industry peers (2.5%). Reported Earnings • May 05
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: €0.84 (up from €0.26 in 1Q 2021). Revenue: €8.53b (up 30% from 1Q 2021). Net income: €422.0m (up 227% from 1Q 2021). Profit margin: 5.0% (up from 2.0% in 1Q 2021). Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 425%. Over the next year, revenue is forecast to grow 11%, compared to a 9.6% growth forecast for the industry in Germany. Price Target Changed • Apr 05
Price target decreased to €25.11 Down from €27.12, the current price target is an average from 8 analysts. New target price is 50% above last closing price of €16.69. Stock is down 28% over the past year. The company is forecast to post earnings per share of €2.58 for next year compared to €0.91 last year. Reported Earnings • Mar 17
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: €0.91 (up from €0.20 loss in FY 2020). Revenue: €30.6b (up 36% from FY 2020). Net income: €457.0m (up €558.0m from FY 2020). Profit margin: 1.5% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 53%. Over the next year, revenue is forecast to grow 14%, compared to a 9.9% growth forecast for the industry in Germany. Reported Earnings • Oct 29
Third quarter 2021 earnings released: EPS €0.65 (vs €0.26 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €8.05b (up 42% from 3Q 2020). Net income: €326.0m (up 153% from 3Q 2020). Profit margin: 4.1% (up from 2.3% in 3Q 2020). Executive Departure • Oct 01
Chief Executive Officer Matthias Grundler has left the company On the 30th of September, Matthias Grundler's tenure as Chief Executive Officer of the company ended after 1.2 years in the role. We don't have any record of a personal shareholding under Matthias' name. A total of 2 executives have left over the last 12 months. Under Matthias' leadership, the company delivered a total shareholder return of 35%. Executive Departure • Oct 01
Chief Financial Officer Christian Schulz has left the company On the 30th of September, Christian Schulz's tenure as Chief Financial Officer ended after 3.3 years in the role. As of June 2021, Christian still personally held 4.05k shares (€72k worth at the time). A total of 2 executives have left over the last 12 months. Price Target Changed • Sep 03
Price target increased to €32.00 Up from €29.60, the current price target is an average from 11 analysts. New target price is 28% above last closing price of €25.00. Stock is up 35% over the past year. Reported Earnings • Jul 29
Second quarter 2021 earnings released: EPS €0.43 (vs €0.74 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €7.08b (up 61% from 2Q 2020). Net income: €216.0m (up €584.0m from 2Q 2020). Profit margin: 3.1% (up from net loss in 2Q 2020). Upcoming Dividend • Jun 24
Upcoming dividend of €0.25 per share Eligible shareholders must have bought the stock before 01 July 2021. Payment date: 05 July 2021. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.0%). Reported Earnings • May 11
First quarter 2021 earnings released: EPS €0.26 (vs €0.19 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €6.54b (up 15% from 1Q 2020). Net income: €129.0m (up 34% from 1Q 2020). Profit margin: 2.0% (up from 1.7% in 1Q 2020). Reported Earnings • Mar 12
Full year 2020 earnings released: €0.20 loss per share (vs €3.04 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €22.6b (down 16% from FY 2019). Net loss: €101.0m (down 107% from profit in FY 2019). Analyst Estimate Surprise Post Earnings • Mar 12
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 13,145%. Over the next year, revenue is forecast to grow 12%, compared to a 6.1% growth forecast for the Machinery industry in Germany. Is New 90 Day High Low • Mar 08
New 90-day high: €25.30 The company is up 8.0% from its price of €23.47 on 08 December 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €183 per share. Is New 90 Day High Low • Jan 07
New 90-day high: €23.75 The company is up 36% from its price of €17.44 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €84.92 per share. Price Target Changed • Dec 08
Price target raised to €23.19 Up from €21.61, the current price target is an average from 12 analysts. The new target price is close to the current share price of €23.47. As of last close, the stock is down 2.9% over the past year. Is New 90 Day High Low • Dec 04
New 90-day high: €22.96 The company is up 24% from its price of €18.55 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €65.32 per share. Analyst Estimate Surprise Post Earnings • Nov 11
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 3.0%. Over the next year, revenue is forecast to grow 6.6%, compared to a 2.2% growth forecast for the Machinery industry in Germany. Reported Earnings • Nov 11
Third quarter 2020 earnings released: EPS €0.27 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €5.67b (down 9.8% from 3Q 2019). Net income: €129.0m (down 70% from 3Q 2019). Profit margin: 2.3% (down from 6.8% in 3Q 2019). The decrease in margin was driven by lower revenue. Is New 90 Day High Low • Oct 30
New 90-day low: €16.09 The company is down 5.0% from its price of €16.86 on 31 July 2020. The German market is also down 5.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Machinery industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.85 per share.