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MarketScreener Homepage  >  Equities  >  Xetra  >  Traton SE    8TRA   DE000TRAT0N7

TRATON SE

(8TRA)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 01/28 06:43:46 am
22.67 EUR   -0.13%
01/27Navistar to collaborate with GM, others on hydrogen fuel-cell commercial trucks
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01/27TRATON : Independant Research sticks Neutral
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01/27TRATON : NorldLB reiterates its Neutral rating
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Scania to Build Plant in China as Traton Looks to Expand Presence

11/24/2020 | 09:31am EST

By Kim Richters

Traton SE said Tuesday that its Swedish truck brand Scania will invest in and set up its own commercial-vehicle production site in Rugao as part of the Traton's plan to expand its presence in China.

Series production at the location is planned to start in early 2022, German truck manufacturer Traton said, adding that the brand's investment in China will include local research and development over time without disclosing a financing size.

"China is to replace Brazil as Scania's largest single market by the end of the decade," it said.

The news comes after Scania acquired Chinese company Nantong Gaokai Auto Manufacturing Ltd., which has "the necessary local license requirements" to develop Scania's own production and sales operation in China.

Write to Kim Richters at kim.richters@wsj.com

(END) Dow Jones Newswires

11-24-20 0930ET

Stocks mentioned in the article
ChangeLast1st jan.
EURO / BRAZILIAN REAL (EUR/BRL) -0.02% 6.5509 Delayed Quote.2.61%
TRATON SE -0.02% 22.685 Delayed Quote.0.42%
VOLKSWAGEN AG -1.65% 157.42 Delayed Quote.4.99%
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01/27TRATON : Independant Research sticks Neutral
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01/26MAN Truck & Bus to Cut About 3,500 Jobs in Germany Amid Reorganization
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01/25TRATON : Kepler Cheuvreux reaffirms its Neutral rating
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01/22TRATON : Jefferies remains its Buy rating
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01/22TRATON : Reports Lower Revenue, Adjusted. Profit for 2020
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More news
Financials
Sales 2020 22 245 M 26 941 M 26 941 M
Net income 2020 2,10 M 2,54 M 2,54 M
Net Debt 2020 11 175 M 13 534 M 13 534 M
P/E ratio 2020 -717x
Yield 2020 0,80%
Capitalization 11 350 M 13 729 M 13 746 M
EV / Sales 2020 1,01x
EV / Sales 2021 0,88x
Nbr of Employees -
Free-Float 10,3%
Chart TRATON SE
Duration : Period :
Traton SE Technical Analysis Chart | 8TRA | DE000TRAT0N7 | MarketScreener
Technical analysis trends TRATON SE
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 25,43 €
Last Close Price 22,70 €
Spread / Highest target 45,4%
Spread / Average Target 12,0%
Spread / Lowest Target -7,49%
EPS Revisions
Managers and Directors
NameTitle
Matthias Grundler Chairman-Management Board & CEO
Hans Dieter Pötsch Chairman-Supervisory Board
Christian Levin COO & Member-Management Board
Christian Schulz Chief Financial Officer & Member-Management Board
Athanasios Stimoniaris Vice Chairman-Supervisory Board
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