Traton Q2 profit beats estimates as International books tariff-related receivables
XLI•Q2 beat driven by tariff-related receivables
Traton flagged tariff-related receivables at International Motors as the main driver of its Q2 adjusted operating beat.
The receivables were recognized in Q2, lifting International Motors’ adjusted operating result to EUR 115 million from EUR -71 million in Q1.
The item was not cash-flow relevant, leaving Q2 net cash flow from operations at EUR -18 million versus a EUR 283 million consensus.
