8TRA Traton SE

   By Kim Richters 
 

Traton SE said Friday that its revenue and adjusted operating profit in 2020 were lower than a year earlier, according to preliminary figures.

Revenue for the full year was around 22.6 billion euros ($27.50 billion), the truck maker said. In 2019, revenue was EUR26.90 billion.

Adjusted operating profit came in at around EUR135 million, compared with EUR1.87 billion a year earlier.

However, the Volkswagen AG subsidiary said unit sales continued to recover in the last quarter of 2020, significantly exceeding sales in the third quarter significantly.

Traton plans to release full results for 2020 on March 22.

Write to Kim Richters at kim.richters@wsj.com

(END) Dow Jones Newswires

January 22, 2021 08:58 ET (13:58 GMT)

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