Daimler Truck's Financial Performance in Q4 2024

Daimler Truck reported a 4% decrease in revenue for the fourth quarter of 2024, totaling €14.3 billion, yet surpassing analysts' forecasts. The company faced a challenging quarter with adjusted EBIT falling by 29% to €1.1 billion and earnings per share dropping by 36% to €0.95 compared to the same period in 2023.

Sales and Orders Overview

Group sales experienced an 11% decline to 124,386 units in the fourth trimester. However, there was a silver lining with incoming orders increasing by 15% annually to 124,046 units, indicating potential growth areas for the company.

2025 Guidance and Market Performance

Looking ahead to 2025, Daimler Truck anticipates an adjusted return on sales between 8% and 10%, contingent on macroeconomic and geopolitical developments. CEO Karin Radstrom highlighted the strong performance of Trucks North America and Daimler Buses, alongside the solid operating results of Trucks Asia despite market weaknesses. Mercedes-Benz Trucks showed resilience in Brazil but faced challenges in Europe due to weak demand.