MUNICH (March 10, 2025) — TRATON Group continued its growth trajectory in 2024, increasing sales revenue by 1% to €47.5 billion despite a slight dip in unit sales. The company credited strong pricing strategies and cost discipline for its improved performance, with adjusted operating return on sales rising to 9.2%, up from 8.6% the previous year.
“We look back on a year full of significant milestones and crucial groundwork,” TRATON CEO Christian Levin said. “In 2024, we made great strides toward becoming a stronger, more efficient group, progressing with our TRATON Modular System and integrating research and development across brands.”
Key Financial Highlights:
Sales revenue: €47.5 billion ( +1% from 2023)
Adjusted operating result: €4.4 billion (+€350 million from 2023)
Adjusted operating return on sales: 9.2% (8.6% in 2023)
Earnings per share: €5.61 (€4.90 in 2023)
Proposed dividend: €1.70 per share (€1.50 in 2023)
Electrification Push and Industry Outlook
Despite a decline in unit sales of battery electric vehicles in 2024, Levin said the outlook for 2025 remains promising, with incoming orders in this segment jumping nearly 60% to just under 4,000 units.
“The future of transportation is electric and sustainable,” Levin stated. “We are committed to working with network providers, energy suppliers, and policymakers to make the transition smoother.”
In June, TRATON’s Scania brand launched Erinion, a subsidiary focused on depot and destination charging, with plans to establish 40,000 charging points. MAN Truck & Bus saw strong demand for its electric heavy-duty truck, with around 2,800 orders in 2024.
Brand Performance
Scania: Sales revenue rose to €18.9 billion (+€1 billion), with unit sales up 6%.
MAN Truck & Bus: Revenue fell 7% to €13.7 billion, reflecting cautious European market demand.
International (Navistar): Revenue climbed slightly to €11.1 billion, with unit sales up 2%.
Volkswagen Truck & Bus: Sales revenue surged 18% to €2.9 billion, driven by strong demand in South America.
2025 Outlook
TRATON anticipates a modest slowdown in global economic momentum in 2025, with unit sales expected to fluctuate between -5% and +5%. The company forecasts an adjusted operating return on sales of 7.5% to 8.5% and net cash flow for TRATON Operations between €2.2 billion and €2.7 billion.
“In a challenging market, we remain focused on delivering great products to our customers while creating value for shareholders,” CFO Dr. Michael Jackstein said. “Our diversified business model and enhanced collaboration within the group will be key to our continued success.”
