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    8TRA   DE000TRAT0N7

TRATON SE

(8TRA)
  Report
Delayed Quote. Delayed Xetra - 10/15 11:35:21 am
22.2 EUR   +2.59%
10/15TRATON : NorldLB remains Neutral
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10/11TRATON : Stronger Together
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10/10European climate group says EU needs tougher truck CO2 targets
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Traton Warns Supply Shortages Will Hit 3Q Vehicle Sales

09/22/2021 | 12:49am EDT

By Kim Richters

Traton SE said Wednesday that shortages of semiconductors and other parts are hitting sales in the third quarter and are expected to continue into the next year.

Volkswagen AG's truck maker said vehicle sales in the current quarter will be significantly lower than planned due to the shortages, which it expects to continue into and beyond the fourth quarter. All of its brands, including recently acquired Navistar, are affected, it said.

While a recent rise in coronavirus cases in Malaysia and a related lockdown intensifies the supply shortage of semiconductors that is affecting the automotive industry, other vehicle parts are also affected by shortages, said Traton.

"We have ramped up existing measures in order to mitigate the supply bottlenecks as much as possible," said Chief Executive Matthias Gruendler, adding that demand for trucks is high.

Traton plans to publish nine-month results on Oct. 28.

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

(END) Dow Jones Newswires

09-22-21 0249ET

Stocks mentioned in the article
ChangeLast1st jan.
TRATON SE 2.59% 22.2 Delayed Quote.-1.79%
VOLKSWAGEN AG 1.33% 198.66 Delayed Quote.30.34%
All news about TRATON SE
10/15TRATON : NorldLB remains Neutral
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10/11TRATON : Stronger Together
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10/01TRATON : Buy rating from Deutsche Bank
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Analyst Recommendations on TRATON SE
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Financials
Sales 2021 27 785 M 32 231 M 32 231 M
Net income 2021 1 018 M 1 181 M 1 181 M
Net Debt 2021 9 680 M 11 228 M 11 228 M
P/E ratio 2021 10,7x
Yield 2021 2,98%
Capitalization 11 100 M 12 877 M 12 876 M
EV / Sales 2021 0,75x
EV / Sales 2022 0,65x
Nbr of Employees -
Free-Float 10,3%
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Technical analysis trends TRATON SE
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 22,20 €
Average target price 30,00 €
Spread / Average Target 35,1%
EPS Revisions
Managers and Directors
Christian Levin President & Chief Executive Officer
Annette Danielski Chief Financial Officer
Hans Dieter P÷tsch Chairman-Supervisory Board
Gunnar Kilian Member-Supervisory Board
Mari Carlquist Member-Supervisory Board
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