Daimler Truck Holding AG (“Daimler Truck”) recorded a strong business performance in the second quarter of the 2023 financial year. Supported by strong sales, a robust pricing and a positive performance of the aftersales business compared to prior-year quarter, Daimler Truck exceeded market expectations (“consensus”) for the second quarter 2023.
The following results for Q2 2023 are preliminary and unaudited:
- Daimler Truck Group EBIT: €1,378 million (consensus: €1,280 million)
- Daimler Truck Group adj. EBIT: €1,428 million (consensus: €1,290 million)
- Industrial Business adj. EBIT: €1,363 million (consensus: €1,237 million)
- Industrial Business adj. ROS: 10.3% (consensus: 9.2%)
- Industrial Business Free Cash Flow: €382 million (consensus: €399 million)
For the individual segments, the preliminary and unaudited results for Q2 of 2023 are as follows:
Trucks North America
- EBIT of €783 million (consensus: €742 million)
- ROS of 13.1% (consensus: 12.1%)
Mercedes-Benz
- EBIT of €544 million (consensus: €499 million)
- ROS of 9.8% (consensus: 9.3%)
Trucks Asia
- EBIT of €90 million (consensus: €76 million)
- ROS of 5.4% (consensus: 4.3%)
Daimler Buses
- EBIT of €33 million (consensus: €23 million)
- ROS of 3.4% (consensus: 2.2%)
Daimler Truck Financial Services
- EBIT of €65 million (consensus: €54 million)
- ROE of 11.4%
The complete quarterly results and interim report will be published on August 1st, 2023.
SOURCE: Daimler Truck
