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    8TRA   DE000TRAT0N7

TRATON SE

(8TRA)
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Real-time Estimate Tradegate  -  05/23 02:30:49 pm EDT
16.22 EUR   -0.80%
04:24aTRATON : Deutsche Bank keeps its Buy rating
MD
05/19TRATON : Jefferies reiterates its Neutral rating
MD
05/19TRATON : JP Morgan reaffirms its Neutral rating
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Traton : Mindset shifter

01/06/2022 | 04:58am EDT

Weiand first became interested in a career in the sports industry when he was a student, doing internships at football clubs. His first stop was the MSV Duisburg, followed by six months in marketing at Borussia Dortmund. When the club's head of marketing transferred to 1860 Munich, he offered Weiand the chance to come on board as his assistant. This is how the sponsorship expert, who is originally from North Rhine-Westphalia, found himself in Bavaria. After two and a half years at 1860 Munich, he got an opportunity to try something new: when his boss left the club, Weiand stayed in Munich and joined its sponsor MAN. "I was happy to get the chance to discover the other side of this job," Weiand says. Working at MAN has a particular appeal for him: "Our buses give us as a sponsor a natural access to team sports. Other companies often only work with one team." One of the teams MAN works with is FC Bayern Munich: whenever you see the players arrive at the stadium on TV, you can always spot the MAN bus in the background. "Some brands have a much higher budget than we do. But even they are often jealous of how wide-ranging our sponsorships are," Weiand explains proudly.

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Traton SE published this content on 06 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 January 2022 09:57:02 UTC.


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All news about TRATON SE
04:24aTRATON : Deutsche Bank keeps its Buy rating
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Financials
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 8 736 M 8 624 M
EV / Sales 2022 0,71x
EV / Sales 2023 0,66x
Nbr of Employees -
Free-Float 10,3%
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Mean consensus OUTPERFORM
Number of Analysts 15
Last Close Price 16,35 €
Average target price 21,83 €
Spread / Average Target 33,5%
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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
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