Daimler Truck has to deal with increased demand for demand in North America.
The DAX group has reduced its forecast for sales for heavy trucks in North America. This also reduces the expectation for adjusted operational profit in the year as a whole. The outlook for the margin in the industrial business, however, was confirmed.
The development of the adjusted result before interest and taxes (EBIT) is now seen at minus 5 to plus 5 percent. So far, the group had assumed an increase of 5 to 15 percent. Sales are now seen at 430,000 to 460,000 units, so far the outlook has been 460,000 to 480,000. Sales in the industrial business are now expected at 48 to 51 billion euros instead of 52 to 54 billion.
The adjusted return on sales in the industrial business should continue to reach 8 to 10 percent.
The forecast is subject to the premise that Daimler Truck can continue to operate as part of the United States-Mexico-Canada Agreement (USMCA). Further potential effects from ongoing discussions about the China business have not been taken into account.
In the first quarter, the adjusted EBIT fell by 4 percent to 1.16 billion euros. The adjusted return on sales in the industrial business rose to 9.6 out of 9.3 percent.
In the aftercare tradegate trade, the Daimler Truck share temporarily increases by 0.69 percent to EUR 39.40.
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