1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Traton SE
  6. News
  7. Summary
    8TRA   DE000TRAT0N7


Delayed Xetra  -  05/20 11:35:23 am EDT
16.35 EUR   -2.10%
05/19TRATON : Jefferies reiterates its Neutral rating
05/19TRATON : JP Morgan reaffirms its Neutral rating
05/19TRATON : Goldman Sachs sticks Neutral
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

TRATON : intensifies exchange between its brands

12/21/2021 | 03:10am EDT
back | Print
TRATON GROUP intensifies exchange between its brands
  • With its new strategy, the TRATON GROUP is focusing not only on the exchange of technology, but also on the transfer of knowledge
  • TRATON brands MAN Truck & Bus and Navistar swap Board members for Sales
  • Göran Nyberg, member of the Executive Board at MAN Truck & Bus, will become member of the Navistar Board of Directors
  • Friedrich Baumann, member of the Navistar Board of Directors, will become
    member of the Executive Board of MAN Truck & Bus

Munich, December 20, 2021 - With its new strategy, the TRATON GROUP is not only focusing on greater exchange of technology within the Group, but also on increased knowledge transfer. As part of this, the current Board members responsible for Sales at the TRATON brands MAN Truck & Bus and Navistar will swap their posts.

Göran Nyberg, Executive Board member for Sales and Customer Solutions at MAN Truck & Bus SE, will join Navistar as Executive Vice President Commercial Operations, effective March 1, 2022. He will swap positions with Friedrich Baumann, Navistar's Executive Vice President Sales, Marketing and Aftersales, who will join MAN as Head of Sales and Customer Solutions, effective April 1, 2022.

The exchange of expertise between Navistar and MAN strengthens the alignment of brands within the TRATON GROUP, further capturing the power behind this international group of strong commercial vehicle brands.

Christian Levin, CEO of TRATON SE, said: "Both Friedrich Baumann and Göran Nyberg are proven commercial vehicle experts with extensive experience and a clear understanding of customer needs in the transportation industry. This change in personnel means that our international group of strong commercial vehicle brands is growing ever closer together. MAN, Navistar and thus the TRATON GROUP as a whole will benefit from this change and exchange of experience."

Alexander Vlaskamp, CEO of MAN Truck & Bus SE, added: "I would like to thank Göran Nyberg for his successful work over the past years. Under his leadership, the launch of our new truck generation was a real customer success. Göran Nyberg has also successfully managed the realignment of our Sales division. I am looking forward to working with Friedrich Baumann. With his international experience, strategic understanding, and in-depth industry knowledge, he will provide valuable momentum to our new Executive Board team."

Mathias Carlbaum, President and CEO of Navistar, said: "Friedrich Baumann has been influential at Navistar. Under his leadership, Navistar has advanced a close alignment with the International truck and IC Bus dealer networks and dedicated all commercial operations to delivering maximum value that will lead to our customers' success. I would like to thank him for his service to Navistar and wish him the greatest success in further aligning the TRATON GROUP while at MAN. I am excited to welcome Göran Nyberg back to the US and to Navistar. He brings a wealth of international sales and transformative experience, as well as a complete understanding of the North American market that is essential to the continued success of Navistar's commercial operations and its executive leadership team."


Pietro Zollino
Head of Group Communications,
Governmental Relations & Sustainability
T +49 172 8371431

Sacha Klingner
Head of Corporate Communications
T +49 170 2250016

Dachauer Str. 641 / 80995 Munich / Germany

With its brands Scania, MAN, Volkswagen Caminhões e Ônibus, Navistar, and RIO, TRATON SE is one of the world's leading commercial vehicle manufacturers. Its offering comprises light-duty commercial vehicles, trucks, and buses. The Group aims to reinvent transportation - with its products, its services, and as a partner to its customers. For TRATON, sustainable economic growth always includes treating people and nature with respect. The People, Planet, and Performance triad will shape the future of our Company.

back | Print


Traton SE published this content on 21 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 December 2021 08:09:02 UTC.

© Publicnow 2021
All news about TRATON SE
05/19TRATON : Jefferies reiterates its Neutral rating
05/19TRATON : JP Morgan reaffirms its Neutral rating
05/19TRATON : Goldman Sachs sticks Neutral
05/18Traton Sets Medium-Term Margin Targets
05/18TRANSCRIPT : Traton SE - Analyst/Investor Day
05/18Traton Sets 2024 Group Margin Target Of 9%
05/13TRATON : Gets a Buy rating from Barclays
05/06TRATON : Deutsche Bank remains its Buy rating
05/05TRATON : Gets a Neutral rating from JP Morgan
05/04TRANSCRIPT : Traton SE, Q1 2022 Earnings Call, May 04, 2022
More news
Analyst Recommendations on TRATON SE
More recommendations
Sales 2022 36 331 M 38 328 M 38 328 M
Net income 2022 1 397 M 1 474 M 1 474 M
Net Debt 2022 17 518 M 18 481 M 18 481 M
P/E ratio 2022 6,28x
Yield 2022 6,13%
Capitalization 8 175 M 8 624 M 8 624 M
EV / Sales 2022 0,71x
EV / Sales 2023 0,66x
Nbr of Employees -
Free-Float 10,3%
Duration : Period :
Traton SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TRATON SE
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 15
Last Close Price 16,35 €
Average target price 21,83 €
Spread / Average Target 33,5%
EPS Revisions
Managers and Directors
Christian Levin President & Chief Executive Officer
Annette Danielski Chief Financial Officer
Hans Dieter Pötsch Chairman-Supervisory Board
Catharina Modahl-Nilsson Chief Technical Officer
Gunnar Kilian Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
TRATON SE-26.15%8 624
CATERPILLAR INC.-4.31%105 512
DEERE & COMPANY6.34%96 119
AB VOLVO-22.20%33 660
PACCAR, INC.-7.75%27 749