Share

Share Price

Dividend

Financial Year	Dividend
2023	EUR 1.50
2022	EUR 0.70
2021	EUR 0.50
2020	EUR 0.25
2019	EUR 1.00

Performance Calculator

Analysts

The following list contains banks and institutions that regularly publish research reports on TRATON.
This list should not be considered as complete, but it comprises those houses whose research analysts have ongoing contact with the TRATON SE. It is meant to give an overview of the interest shown by the international financial community in our company. This list is for non-binding information purposes only and is not intended as a recommendation for a financial investment in the company.

Bank/Institution	Analyst	Rating	Target Price (in EUR)	Last TP-Update
Barclays	Erwann Dagorne	Buy	38	2024/03/12
Bernstein Societe Generale	Harry Martin	Buy	47	2024/11/29
BNP Paribas Exane	Miguel Borrega	Hold	35	2024/11/27
Citi	Klas Bergelind	Hold	30.4	2024/11/15
Deutsche Bank	Nicolai Kempf	Buy	42	2024/12/09
DZ Bank	Holger Schmidt	Buy	38	2024/09/25
Goldman Sachs	Daniela Costa	Hold	35.5	2024/11/27
Handelsbanken	Hampus Engellau	Buy	55	2024/04/29
J.P. Morgan	Jose Asumendi	Hold	30	2024/10/31
Jefferies	Michael Aspinall	Hold	37	2024/04/07
Kepler Cheuvreux	Michael Raab	Hold	32	2024/09/27
LBBW	Frank Biller	Buy	43	2024/10/29
M.M. Warburg	Fabio Hölscher	Buy	53	2024/10/11
Metzler Capital	Pal Skirta	Buy	40	2024/04/29
Morgan Stanley	Shaqeal Kirunda	Hold	34	2024/03/21
mwb research	Leon Mühlenbruch	Buy	34	2024/09/09
Oddo BHF	Anthony Dick	Buy	40	2024/07/29
Pareto Securities	Forbes Goldman	Buy	32.6 (375 SEK)	2024/12/16
SEB	Erik Golrang	Buy	40.9 (470 SEK)	2024/10/28
Stifel	Alexander Wahl	Hold	34	2024/10/30
UBS	Hemal Bhundia	Buy	43	2024/05/01
Median Target Price			38

As of: 18.12.2024

Note: Please note that “Buy” may include “Outperform” or “Overweight” and “Hold” may include “Neutral” or “Equal-weight”.
The list is updated regularly. TRATON assumes no liability for the selection, validity, completeness or correctness of the listing. Consequently, any liability of TRATON, e.g. for losses arising from or in connection with the listing, is precluded. These analysts solely reflect the opinions, estimates, forecasts or recommendations of the mentioned institutions, or those of their employees, relating to TRATON’s performance and capabilities, and do not represent the opinion, estimate, forecast or any form of recommendation of or by TRATON or its management. The fact that TRATON publishes this list does not imply any endorsement or approval of this information, conclusions or recommendations by TRATON or its managements. If you are interested in research reports, please contact the analysts or houses listed above. TRATON cannot provide research reports.

Consensus

Numerous national and international financial analysts monitor TRATON’s performance. We have asked Vara Research to collect analyst estimates on our behalf and to compile a so-called analyst consensus.

The consensus provided on the external website of Vara Research is based on the analysis of banks and securities companies. Consensus estimates are completely outside the influence and control of both TRATON SE and Vara Research. These analyses solely reflect the opinions, estimates, forecasts or recommendations of the above-mentioned institutions, or those of their employees, relating to TRATON’s performance and capabilities, and do not represent the opinion, estimate, forecast or any form of recommendation of or by TRATON SE or its management.

The fact that TRATON SE makes reference to these institutions neither implies, nor should be inferred to signify, that TRATON SE or its management confirms or approves the content of the analyses prepared by these institutions or their employees. TRATON assumes no liability for the selection, validity, completeness or correctness of the listing or of the analyses prepared by the listed banks and securities companies. Consequently, any liability on the part of TRATON, e.g., for losses incurred arising from or in connection with the consensus, is precluded. The listing has been provided solely for information only, without responsibility, and should not be regarded as soliciting or promoting the purchase, sale or holding of TRATON shares.

With the following link you are leaving the Website of TRATON SE. TRATON is not responsible for the availability, the content and the information on the website you are entering. Our links to third party websites are provided for convenience only and should not limit you to the information on the linked websites.

Vara Research: Consensus Analyst Estimates

Basic Information

Basic data on the shares of TRATON SE
Stock Exchange	Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) Nasdaq Stockholm (börsen)
Market segment	Regulated market (Prime Standard) of Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) Large Cap segment of Nasdaq Stockholm (börsen)
Index	MDAX (German Stock Exchange)
Currency	Euro (EUR); Swedish Krona (SEK)
Category	ordinary bearer shares with no par value
Capital stock in EUR (2019/06/28)	500.000.000
Number of shares (2019/06/28)	500.000.000
ISIN	DE000TRAT0N7
German Securities Code (WKN)	TRAT0N
Ticker symbol	8TRA
Primary listing	2019/06/28
Placement price	EUR 27.00; SEK 284.70
Free Float	10.28%

Shareholder Structure

FAQ for trading on the NASDAQ Stock Exchange

1. In which currency are the TRATON shares traded on NASDAQ in Stockholm?
The shares of TRATON are denominated in Euro (EUR). The price will be determined in EUR, and will be converted into Swedish Krona (SEK) for Swedish Retail Investors and institutional investors who have elected to place their orders in SEK, as calculated based on the respective EUR / SEK exchange rate. This stipulates that the trades in TRATON shares on Nasdaq Stockholm will be done in SEK.
2. May shareholders from outside the Eurozone be subject to foreign currency exchange rate risk?
An investment in TRATON shares by an investor whose principal currency is not the Euro is, exposed to foreign currency exchange rate risk. Any depreciation of the Euro in relation to an investor’s principal currency will reduce the value of the investment to the investor.
3. In which currency do I receive the dividend?
Dividends will be paid by TRATON in EUR. Shareholders who hold their shares through the Swedish settlement system, Euroclear Sweden AB (“Euroclear Sweden”), will receive the dividend payment in EUR. If such a Shareholder does not hold an account to which payments can be made in EUR, the dividend payment will be converted and paid in SEK.
4. What kind of shares are traded in Sweden? Is there a difference to Germany?
In contrast to bearer shares, which are traded in Germany, TRATON shares in Sweden are registered shares in the name of the shareholder, in which the name, date of birth and address of the owner are entered in the share register of the company.
5. What is the law governing the trading of TRATON shares in Sweden?
Having its registered seat in the Federal Republic of Germany, TRATON is governed by the laws of the Federal Republic of Germany, subject to the provisions of the SE Regulation. This also applies to the trading of shares in Sweden.
6. How can I transfer the shares in Sweden?
A shareholder holding his or her Shares in the Euroclear Sweden settlement system for trading on the regulated market of Nasdaq Stockholm, may instruct his or her custody bank to transfer the Shares to a securities account belonging to such shareholder that is connected to the Clearstream settlement system for trading on the regulated market of the Frankfurt Stock Exchange. The same applies to transfers from the Clearstream settlement system to Euroclear Sweden, to make the Shares tradable on the regulated market of Nasdaq Stockholm. Until such transfer has been completed, the affected Shares cannot be traded.