<

DAIMLER TRUCK HOLDING AG EQS-Adhoc: Daimler Truck Holding AG: Outlook for the 2024 financial year updated

Transparency directive : regulatory news

31/07/2024 20:31

EQS-Ad-hoc: Daimler Truck Holding AG / Key word(s): Change in Forecast
Daimler Truck Holding AG: Outlook for the 2024 financial year updated

31-Jul-2024 / 20:31 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Leinfelden-Echterdingen – Daimler Truck Holding AG (Daimler Truck) is updating its full year guidance for the year 2024:

For the current financial year, the Group is now expecting unit sales of 460 to 480 thousand units (previously 490 to 510 thousand units) and revenue of €53 to €55 billion (previously €55 to €57 billion). EBIT is expected to be significantly below prior year's level (previously: “on prior year level”); adjusted EBIT is expected to be slightly below prior year's level (previously: “on prior year level”).

For the Industrial Business, Daimler Truck expects a revenue of €50 to €52 billion (previously €52 to €54 billion) and an adjusted ROS of 8% to 9.5% (previously: 9% to 10.5%). The free cash flow of the Industrial Business is now expected to be on prior year level (previously: “slight increase”).

For Trucks North America, the Group is now expecting an adjusted ROS for the full year at the top end of the guidance range (11% to 13%). For the Mercedes-Benz segment, the adjusted ROS is now expected to be between 6% to 8% (previously 8.5% to 10.5%) with sales of 120 to 135 thousand units (previously: 140 to 160 thousand units). In the Trucks Asia segment, an adjusted ROS of 1.5% to 3.5% (previously 3% to 5%) is now expected, due to the special effect from the BFDA impairment, with sales of 120 to 140 thousand units (previously: 130 to 150 thousand units). Daimler Truck now anticipates an adjusted ROS of 6.5% to 8.5% (previously: 5% to 7%) for the Daimler Buses segment. For Financial Services, the Group is now expecting a Return on Equity (ROE) between 6% and 8% (previously: 9% to 11%), with new business of €10 to €12 billion (previously €11 to €13 billion).

The terms (adj.) EBIT, (adj.) ROS, (adj.) ROE and Free Cash Flow are defined in the Daimler Truck Annual Report 2023 from page 36 onwards.

 



End of Inside Information

31-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Daimler Truck Holding AG
Fasanenweg 10
70771 Leinfelden-Echterdingen
Germany
E-mail: IR@daimlertruck.com
Internet: www.daimlertruck.com
ISIN: DE000DTR0CK8
WKN: DTR0CK
Indices: DAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1958573

 
End of Announcement EQS News Service

1958573  31-Jul-2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1958573&application_name=news&site_id=symex~~~af100301-a623-4c64-8f3d-90fc88eca9e6

source : webdisclosure.com



Other stories

29/10/2024 23:31
29/10/2024 16:31
29/10/2024 21:03
29/10/2024 05:30
29/10/2024 20:30
29/10/2024 19:57
29/10/2024 16:07
29/10/2024 16:05
29/10/2024 22:00
29/10/2024 21:17
30/10/2024 00:37
29/10/2024 17:22
29/10/2024 16:48
29/10/2024 22:52
29/10/2024 19:27
29/10/2024 13:30
29/10/2024 19:56
29/10/2024 18:38
29/10/2024 19:20
29/10/2024 13:21
28/10/2024 17:49
29/10/2024 19:17
30/10/2024 00:19
29/10/2024 20:48
29/10/2024 17:04
29/10/2024 23:46
29/10/2024 23:31
29/10/2024 21:25
29/10/2024 23:24
29/10/2024 23:32
29/10/2024 16:39
28/10/2024 18:27
29/10/2024 15:03
29/10/2024 16:06
29/10/2024 23:30
28/10/2024 09:41
29/10/2024 12:42
29/10/2024 15:10