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Munich (dpa) - The Volkswagen commercial vehicle holding Traton expects a significant upturn in ongoing business this year.
"We are optimistic about the year 2021 and expect a strong increase in sales and a significant increase in sales," said Traton boss Matthias Gründler on Wednesday according to the announcement.
The holding company, based in Munich, expects an operating return on sales of between five and six percent - this fact, however, does not include costs for upcoming job cuts and effects from the planned takeover of the US truck manufacturer Navistar.
For the past year, Traton wants to pay a dividend of 0.25 euros per paper despite a loss.
Around 90 percent of the shares belong to the Volkswagen Group.
In 2020, the net loss attributable to Traton shareholders was 101 million euros.
A year earlier, Traton had reported a profit of 1.5 billion euros.
The company announced key data for 2020 in January.
The group has now confirmed this: The operating result adjusted for special effects collapsed by almost 93 percent to 135 million euros.
With 22.6 billion euros, Traton also earned almost 16 percent less than a year earlier.
© dpa-infocom, dpa: 210310-99-768959 / 2