TRATON SE / DE000TRAT0N7

Munich, 9 April 2025 – Due to the slow start in 2025, with lower unit sales and sales revenue at Scania, MAN and International, the TRATON GROUP's Q1 2025 operating result will be significantly below market expectations (“consensus”). Preliminary figures show a 42% year-on-year decline in adjusted operating result of the Group to €645 million, with a preliminary adjusted operating return on sales of 6.1% in Q1 2025. Accordingly, the net cash flow of TRATON Operations will also come in significantly below previous year figures and market expectations. Preliminary Q1 2025 key figures compared to previous year and consensus:

	Q1 2024	Q1 2025	Consensus Q1 2025
Operating result (adjusted) TRATON GROUP (in € million)	1,106	645	877
Operating return on sales (adjusted) TRATON GROUP (in %)	9.4	6.1	7.9
Scania Vehicles & Services (%)	14.3	10.5	12.5
MAN Truck & Bus (%)	7.9	4.6	5.5
International Motors (%)	5.0	2.3	6.1
Volkswagen Truck & Bus (%)	11.0	13.1	10.8
Net cash flow TRATON Operations (in € million)	438	-115	88

Despite the first quarter’s development, the TRATON GROUP maintains its 2025 full year outlook. This outlook remains subject to future geopolitical developments, particularly the impacts of US tariff policies. The analyst consensus is available on the TRATON Investor Relations website under: https://ir.traton.com/en/share/ The 3M 2025 Interim Statement will be published on April 28, 2025. It will be available here: https://ir.traton.com/en/publications/ All key figures mentioned in this release are defined in the TRATON GROUP 2024 Annual Report on pages 38 and 39.   Contact Ursula Querette
Head of Investor Relations
T +49 152 02152400
ursula.querette@traton.com TRATON SE  
Hanauer Straße 26 / 80992 Munich / Germany
www.traton.com