Analyst: The profit margin outlook for TransTun Group is below average expectations.

Analysts at Bernstein wrote that due to the impact of US tariff costs and a weak first quarter performance, the profit forecast for Trantec Group in 2026 is lower than the average expectation. These analysts stated that the German commercial vehicle group provided a sales guidance midpoint of 308,500 vehicles, compared to an average expectation of 309,500 vehicles. They wrote that meanwhile, revenue in 2026 is expected to be 45 billion euros, slightly below the expected 458 billion euros. They added that Trantec Group's adjusted sales return rate guidance is between 5.3% and 7.3%, compared to an average expectation of 7.2%. These analysts stated that overall, this means that the midpoint of pre-tax income in 2026 will be 16% lower than the average expectation. The company's stock price fell by 0.5% to 32.68 euros.