| KPI | [EUR m] | FY 2022 | FY 2023 E | FY 2024 E | FY 2025 E |
|---|---|---|---|---|---|
| Incoming Orders (units) | Number of Estimates | 4 | 4 | 4 | |
| Incoming Orders (units) | Highest | 322,123 | 355,000 | 387,800 | |
| Incoming Orders (units) | Consensus (Mean) | 334,583 | 292,573 | 318,061 | 344,831 |
| Incoming Orders (units) | Median | 297,508 | 316,469 | 343,864 | |
| Incoming Orders (units) | Lowest | 253,153 | 284,306 | 303,798 | |
| TRATON Operations, Unit sales (units) | Number of Estimates | 9 | 9 | 8 | |
| TRATON Operations, Unit sales (units) | Highest | 345,063 | 343,500 | 362,400 | |
| TRATON Operations, Unit sales (units) | Consensus (Mean) | 305,485 | 333,963 | 323,515 | 338,608 |
| TRATON Operations, Unit sales (units) | Median | 334,220 | 322,116 | 334,601 | |
| TRATON Operations, Unit sales (units) | Lowest | 322,685 | 297,960 | 320,923 | |
| TRATON Operations, Sales revenue | Number of Estimates | 9 | 9 | 9 | |
| TRATON Operations, Sales revenue | Highest | 45,644 | 45,366 | 48,045 | |
| TRATON Operations, Sales revenue | Consensus (Mean) | 39,554 | 44,448 | 43,424 | 45,274 |
| TRATON Operations, Sales revenue | Median | 44,464 | 43,946 | 45,512 | |
| TRATON Operations, Sales revenue | Lowest | 41,860 | 39,600 | 43,022 | |
| TRATON Operations, Operating result (adjusted) | Number of Estimates | 9 | 9 | 9 | |
| TRATON Operations, Operating result (adjusted) | Highest | 4,227 | 4,210 | 4,610 | |
| TRATON Operations, Operating result (adjusted) | Consensus (Mean) | 2,257 | 3,991 | 3,722 | 4,108 |
| TRATON Operations, Operating result (adjusted) | Median | 3,981 | 3,718 | 4,041 | |
| TRATON Operations, Operating result (adjusted) | Lowest | 3,881 | 3,154 | 3,792 | |
| TRATON Operations, Operating return on sales (adjusted) (%) | Number of Estimates | 9 | 9 | 9 | |
| TRATON Operations, Operating return on sales (adjusted) (%) | Highest | 9.4 | 9.4 | 9.9 | |
| TRATON Operations, Operating return on sales (adjusted) (%) | Consensus (Mean) | 5.7 | 9.0 | 8.6 | 9.1 |
| TRATON Operations, Operating return on sales (adjusted) (%) | Median | 8.9 | 8.4 | 9.0 | |
| TRATON Operations, Operating return on sales (adjusted) (%) | Lowest | 8.7 | 7.5 | 8.7 | |
| TRATON Operations, Net cash flow | Number of Estimates | 6 | 6 | 5 | |
| TRATON Operations, Net cash flow | Highest | 3,007 | 3,589 | 3,910 | |
| TRATON Operations, Net cash flow | Consensus (Mean) | -625 | 2,516 | 2,601 | 3,295 |
| TRATON Operations, Net cash flow | Median | 2,570 | 2,795 | 3,280 | |
| TRATON Operations, Net cash flow | Lowest | 1,870 | 680 | 2,632 | |
| Scania, Unit sales (units) | Number of Estimates | 9 | 9 | 8 | |
| Scania, Unit sales (units) | Highest | 97,417 | 98,354 | 106,222 | |
| Scania, Unit sales (units) | Consensus (Mean) | 85,232 | 93,586 | 90,786 | 94,493 |
| Scania, Unit sales (units) | Median | 93,356 | 89,955 | 93,599 | |
| Scania, Unit sales (units) | Lowest | 88,435 | 86,171 | 81,315 | |
| Scania, Sales revenue | Number of Estimates | 9 | 9 | 9 | |
| Scania, Sales revenue | Highest | 17,768 | 17,659 | 18,718 | |
| Scania, Sales revenue | Consensus (Mean) | 15,316 | 17,191 | 16,842 | 17,413 |
| Scania, Sales revenue | Median | 17,250 | 16,942 | 17,396 | |
| Scania, Sales revenue | Lowest | 16,129 | 15,912 | 15,673 | |
| Scania, Operating result (adjusted) | Number of Estimates | 9 | 9 | 9 | |
| Scania, Operating result (adjusted) | Highest | 2,330 | 2,280 | 2,380 | |
| Scania, Operating result (adjusted) | Consensus (Mean) | 1,315 | 2,196 | 1,973 | 2,111 |
| Scania, Operating result (adjusted) | Median | 2,191 | 1,938 | 2,056 | |
| Scania, Operating result (adjusted) | Lowest | 2,110 | 1,722 | 1,827 | |
| Scania, Operating return on sales (adjusted) (%) | Number of Estimates | 9 | 9 | 9 | |
| Scania, Operating return on sales (adjusted) (%) | Highest | 13.4 | 13.1 | 13.3 | |
| Scania, Operating return on sales (adjusted) (%) | Consensus (Mean) | 8.6 | 12.8 | 11.7 | 12.1 |
| Scania, Operating return on sales (adjusted) (%) | Median | 12.8 | 11.6 | 12.4 | |
| Scania, Operating return on sales (adjusted) (%) | Lowest | 12.2 | 10.5 | 10.5 | |
| MAN, Unit sales (units) | Number of Estimates | 9 | 9 | 8 | |
| MAN, Unit sales (units) | Highest | 118,428 | 117,211 | 119,556 | |
| MAN, Unit sales (units) | Consensus (Mean) | 84,513 | 111,493 | 107,196 | 110,848 |
| MAN, Unit sales (units) | Median | 110,681 | 105,504 | 111,364 | |
| MAN, Unit sales (units) | Lowest | 108,177 | 102,768 | 104,539 | |
| MAN, Sales revenue | Number of Estimates | 9 | 9 | 9 | |
| MAN, Sales revenue | Highest | 14,602 | 14,404 | 14,902 | |
| MAN, Sales revenue | Consensus (Mean) | 11,331 | 14,099 | 13,724 | 14,215 |
| MAN, Sales revenue | Median | 14,110 | 13,675 | 14,024 | |
| MAN, Sales revenue | Lowest | 13,690 | 12,748 | 13,683 | |
| MAN, Operating result (adjusted) | Number of Estimates | 9 | 9 | 9 | |
| MAN, Operating result (adjusted) | Highest | 1,054 | 1,054 | 1,162 | |
| MAN, Operating result (adjusted) | Consensus (Mean) | 139 | 900 | 886 | 975 |
| MAN, Operating result (adjusted) | Median | 887 | 892 | 965 | |
| MAN, Operating result (adjusted) | Lowest | 778 | 738 | 890 | |
| MAN, Operating return on sales (adjusted) (%) | Number of Estimates | 9 | 9 | 9 | |
| MAN, Operating return on sales (adjusted) (%) | Highest | 7.3 | 7.5 | 7.8 | |
| MAN, Operating return on sales (adjusted) (%) | Consensus (Mean) | 1.2 | 6.4 | 6.4 | 6.9 |
| MAN, Operating return on sales (adjusted) (%) | Median | 6.5 | 6.6 | 6.6 | |
| MAN, Operating return on sales (adjusted) (%) | Lowest | 5.6 | 5.5 | 6.0 | |
| Navistar, Unit sales (units) | Number of Estimates | 9 | 9 | 8 | |
| Navistar, Unit sales (units) | Highest | 92,596 | 94,389 | 99,000 | |
| Navistar, Unit sales (units) | Consensus (Mean) | 81,892 | 89,646 | 83,798 | 87,769 |
| Navistar, Unit sales (units) | Median | 90,380 | 88,555 | 91,547 | |
| Navistar, Unit sales (units) | Lowest | 80,075 | 54,403 | 60,898 | |
| Navistar, Sales revenue | Number of Estimates | 9 | 9 | 9 | |
| Navistar, Sales revenue | Highest | 11,659 | 11,752 | 12,456 | |
| Navistar, Sales revenue | Consensus (Mean) | 10,501 | 11,093 | 10,652 | 11,238 |
| Navistar, Sales revenue | Median | 11,208 | 11,314 | 11,820 | |
| Navistar, Sales revenue | Lowest | 9,287 | 7,200 | 7,826 | |
| Navistar, Operating result (adjusted) | Number of Estimates | 9 | 9 | 9 | |
| Navistar, Operating result (adjusted) | Highest | 723 | 803 | 933 | |
| Navistar, Operating result (adjusted) | Consensus (Mean) | 502 | 673 | 631 | 774 |
| Navistar, Operating result (adjusted) | Median | 686 | 704 | 877 | |
| Navistar, Operating result (adjusted) | Lowest | 537 | 318 | 477 | |
| Navistar, Operating return on sales (adjusted) (%) | Number of Estimates | 9 | 9 | 9 | |
| Navistar, Operating return on sales (adjusted) (%) | Highest | 6.4 | 7.0 | 8.0 | |
| Navistar, Operating return on sales (adjusted) (%) | Consensus (Mean) | 4.8 | 6.1 | 5.8 | 6.8 |
| Navistar, Operating return on sales (adjusted) (%) | Median | 6.1 | 6.1 | 7.5 | |
| Navistar, Operating return on sales (adjusted) (%) | Lowest | 5.8 | 4.4 | 5.0 | |
| VWTB, Unit sales (units) | Number of Estimates | 9 | 9 | 8 | |
| VWTB, Unit sales (units) | Highest | 44,500 | 52,436 | 62,180 | |
| VWTB, Unit sales (units) | Consensus (Mean) | 54,136 | 39,484 | 41,989 | 45,727 |
| VWTB, Unit sales (units) | Median | 39,543 | 40,156 | 42,037 | |
| VWTB, Unit sales (units) | Lowest | 36,324 | 35,234 | 38,758 | |
| VWTB, Sales revenue | Number of Estimates | 9 | 9 | 9 | |
| VWTB, Sales revenue | Highest | 2,850 | 3,251 | 3,841 | |
| VWTB, Sales revenue | Consensus (Mean) | 2,952 | 2,510 | 2,677 | 2,886 |
| VWTB, Sales revenue | Median | 2,486 | 2,567 | 2,694 | |
| VWTB, Sales revenue | Lowest | 2,289 | 2,331 | 2,561 | |
| VWTB, Operating result (adjusted) | Number of Estimates | 9 | 9 | 9 | |
| VWTB, Operating result (adjusted) | Highest | 251 | 345 | 426 | |
| VWTB, Operating result (adjusted) | Consensus (Mean) | 309 | 224 | 237 | 251 |
| VWTB, Operating result (adjusted) | Median | 221 | 227 | 234 | |
| VWTB, Operating result (adjusted) | Lowest | 197 | 163 | 145 | |
| VWTB, Operating return on sales (adjusted) (%) | Number of Estimates | 9 | 9 | 9 | |
| VWTB, Operating return on sales (adjusted) (%) | Highest | 9.9 | 10.6 | 11.1 | |
| VWTB, Operating return on sales (adjusted) (%) | Consensus (Mean) | 10.5 | 8.9 | 8.8 | 8.6 |
| VWTB, Operating return on sales (adjusted) (%) | Median | 8.9 | 9.0 | 8.7 | |
| VWTB, Operating return on sales (adjusted) (%) | Lowest | 8.5 | 7.0 | 5.5 | |
| Financial Services, Sales revenue | Number of Estimates | 9 | 9 | 9 | |
| Financial Services, Sales revenue | Highest | 1,530 | 1,741 | 1,829 | |
| Financial Services, Sales revenue | Consensus (Mean) | 1,294 | 1,477 | 1,537 | 1,614 |
| Financial Services, Sales revenue | Median | 1,497 | 1,546 | 1,588 | |
| Financial Services, Sales revenue | Lowest | 1,417 | 1,317 | 1,201 | |
| Financial Services, Operating result (adjusted) | Number of Estimates | 9 | 9 | 9 | |
| Financial Services, Operating result (adjusted) | Highest | 417 | 338 | 349 | |
| Financial Services, Operating result (adjusted) | Consensus (Mean) | 303 | 296 | 264 | 290 |
| Financial Services, Operating result (adjusted) | Median | 288 | 261 | 301 | |
| Financial Services, Operating result (adjusted) | Lowest | 226 | 193 | 196 | |
| Financial Services, Operating return on sales (adjusted) (%) | Number of Estimates | 9 | 9 | 9 | |
| Financial Services, Operating return on sales (adjusted) (%) | Highest | 27.9 | 21.5 | 22.0 | |
| Financial Services, Operating return on sales (adjusted) (%) | Consensus (Mean) | 23.5 | 20.0 | 17.3 | 18.1 |
| Financial Services, Operating return on sales (adjusted) (%) | Median | 20.0 | 18.7 | 18.9 | |
| Financial Services, Operating return on sales (adjusted) (%) | Lowest | 15.0 | 12.5 | 12.5 | |
| Corporate Items, Sales revenue | Number of Estimates | 9 | 9 | 9 | |
| Corporate Items, Sales revenue | Highest | -436 | -400 | -400 | |
| Corporate Items, Sales revenue | Consensus (Mean) | -513 | -475 | -473 | -481 |
| Corporate Items, Sales revenue | Median | -467 | -470 | -470 | |
| Corporate Items, Sales revenue | Lowest | -568 | -627 | -640 | |
| Corporate Items, Operating result (adjusted) | Number of Estimates | 9 | 9 | 9 | |
| Corporate Items, Operating result (adjusted) | Highest | -266 | -266 | -266 | |
| Corporate Items, Operating result (adjusted) | Consensus (Mean) | -489 | -510 | -477 | -478 |
| Corporate Items, Operating result (adjusted) | Median | -541 | -504 | -500 | |
| Corporate Items, Operating result (adjusted) | Lowest | -591 | -540 | -564 |
This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.
