Traton Expects Q1 Sales Revenue Of EUR 6.5 Bln; Lifts FY Operating Return On Sales Outlook

Traton Group expects sales revenue of around 6.5 billion euros, an adjusted operating profit of around 510 million euros and an adjusted operating return on sales margin of around 7.9% for the first quarter of 2021.

The company projects an operating profit of around 150 million euros in the first-quarter. It includes 362 million euros provisions for the restructuring of MAN.

The company raised its outlook for financial year 2021. It now forecasts an operating return on sales of 5.0% to 7.0% compared to prior estimation of 5.0% to 6.0%.

It forecasts for the industrial business a net cash flow in a bandwidth of 500 to 700 million euros. The forecast does not contain any expenses or expenditures for the MAN Truck & Bus restructuring program nor from the planned acquisition of Navistar.

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