After a modest first quarter, TRATON GROUP expects better performance in the second half of the year and maintains its outlook for 2025

EQS-News: TRATON SE / Key word(s): Quarter Results/Quarterly / Interim Statement After a modest first quarter, TRATON GROUP expects better performance in the second half of the year and maintains its outlook for 2025 28.04.2025 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement. After a modest first quarter, TRATON GROUP expects better performance in the second half of the year and maintains its outlook for 2025

• Sales revenue of the TRATON GROUP was €10.6 billion in the first quarter of 2025, 10% below the prior-year quarter
• Adjusted operating result was at €646 million, compared to €1,106 million the previous year
• Adjusted operating return on sales decreased by 3.3 percentage points to 6.1%
• Incoming orders increased by 12% to 74,300 vehicles
• Unit sales decreased by 10% year-on-year to 73,100 vehicles

Munich, April 28, 2025 – As expected, the TRATON GROUP got off to a slow start to 2025, yet expects an improved business performance in the second half of the year due to a renewed increase in incoming orders. On the back of this, the full-year outlook is maintained. As previously reported, unit sales declined by 10% to 73,100 vehicles (3M 2024: 81,100) in the first quarter of 2025. Sales revenue also decreased by 10% to €10.6 billion (3M 2024: 11.8 billion). With a share of 21% (3M 2024: 19%) of total sales revenue, the Vehicle Services business made a considerable contribution to business performance. Incoming orders rose by 12% to 74,300 vehicles (3M 2024: 66,400) in the first quarter. The book-to-bill ratio, or the ratio from incoming orders to unit sales, was 1.0 (0.8).

At €646 million (3M 2024: €1,106 million), adjusted operating result was significantly below the prior-year period. This means that adjusted operating return on sales decreased by 3.3 percentage points to 6.1% (3M 2024: 9.4%).

Christian Levin, CEO of the TRATON GROUP: “Against the backdrop of a continued unfavorable economic and political situation, the TRATON GROUP delivered a solid performance in the first quarter. As expected, we saw declines in unit sales, sales revenue, and operating profit. Despite a significant level of uncertainty, looking ahead, I am cautiously optimistic. Incoming orders are rising again, up by 12% in the first quarter year-on-year, and by a remarkable 56% in Europe. The demand for battery electric vehicles is also gaining pace: we managed to double unit sales in the first quarter. Our brands have the right products to deliver on our purpose of “Transforming Transportation Together. For a sustainable world.”