The company, which is listed on the Dax, intends to present the complete quarterly figures on May 9th.
(Photo: dpa)
Leinfelden-Echterdingen The truck group Daimler Truck performed significantly better in the first quarter than expected by analysts. The adjusted operating result (EBIT) from January to March was 1.16 billion euros, analysts had expected an average of only 976 million, said Daimler Truck on Monday in Leinfelden-Echterdingen near Stuttgart. The reason for this is the strong demand and higher sales figures compared to the previous year. In the industrial business, Daimler Truck increased adjusted EBIT by 84 percent to 1.11 billion euros, with adjusted return on sales increasing to 8.8 percent (prior-year period: 5.9 percent).
This results in sales from the industrial business of around 12.6 billion euros. That would be an increase of 23 percent.
Business with Mercedes-Benz trucks was particularly good in the first quarter: adjusted EBIT at 440 million euros was almost 80 million euros above expectations. However, Daimler Truck continues to generate the highest return on sales in North America at 11.6 percent.
The company, which is listed on the Dax, intends to present the complete quarterly figures on May 9th.
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