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Traton Shares Climb on Strong Preliminary Q2 Vehicle Sales
Shares in Traton SE surged after the commercial vehicle group released preliminary sales data showing a 4% year-over-year rise in second-quarter vehicle deliveries. The company sold 82,900 units in the period, a figure that reassured investors about the pace of its demand recovery.
Sales Momentum Accelerates
The improved sales performance was driven by key international markets and strong results from its Scania brand. According to the company's preliminary figures, the key drivers included:
- A new product launch that boosted volumes in China.
- Government incentives in Brazil that lifted demand for the Volkswagen Truck & Bus brand.
- The Scania Vehicles & Services division, which posted a standout 7% quarterly sales gain.
The Q2 result also marked a significant sequential acceleration from the 68,600 units delivered in the first quarter. This brought Traton's cumulative sales for the first half of the year to within just 1% of the level recorded in the same period a year prior.
AdMarket Reaction and Outlook
Following the announcement, Traton's stock climbed 3.6% to €35.28 in trading. The positive sales data was supported by a recent analyst note from Deutsche Bank, which had reaffirmed its "Buy" rating and €40 price target just two days earlier, citing resilient European markets. This contrasts with a more conservative "Neutral" rating and €30 target from JPMorgan, indicating a mixed but recently positive analyst sentiment.
Investors are now looking ahead to the company's full first-half 2026 financial report, scheduled for release on July 23. Analysts are forecasting earnings per share of approximately €1.06 for the second quarter, which would be more than double the €0.49 reported in the same quarter a year earlier.