Daimler Truck Directly accessible data for 170 industries from 150+ countries With its approach of a strict fixed cost discipline the company achieved its financial targets for 2021 despite significant supply chain headwinds. E-Mail: contact@daimlertruck.com, Represented by the Board of Management: Martin Daum (Chairman), Karl Deppen, Jochen Goetz, Andreas Gorbach, Jrgen Hartwig, John OLeary, Karin Rdstrm, Stephan Unger, Chairman of the Supervisory Board: Joe Kaeser, Commercial Register Stuttgart, No. Daimler Truck sees a continued strong demand environment. Further information on Daimler Truck is available at: www.media.daimlertruck.com and www.daimlertruck.com. For Q1 the resulting impairment had a negative one-time effect of 170 million. Our strong results show that we managed our environment very well, be it the impact of Russia-Ukraine war, ongoing supply chain constraints or high inflation. Daimler Truck Holding AG (Daimler Truck) has made a positive start to the new year with growth in unit sales, revenue and EBIT (adjusted). The series-production eActros LongHaul will have a range of around 500 kilometers on a single battery charge and will be capable of high-performance charging. Reflecting the two major regions North America and Europe, the Groups guidance estimates both heavy-duty truck markets in North America and Europe to amount between 280,000 and 320,000 units. Special focus on electric commercial vehicles, Annual car sales worldwide 2010-2022, with a forecast for 2023, Battery electric vehicles in use worldwide 2016-2022, Annual gas prices in the United States 1990-2022, Automotive industry worldwide - statistics & facts, Motorcycle industry in the United States - statistics & facts, Profit from additional features with an Employee Account. These statements are subject to many risks and uncertainties, including an adverse development of global economic conditions, in particular a decline of demand in our most important markets; a deterioration of our refinancing possibilities on the credit and financial markets; events of force majeure including natural disasters, pandemics, acts of terrorism, political unrest, armed conflicts, industrial accidents and their effects on our sales, purchasing, production or financial services activities; changes in currency exchange rates, customs and foreign trade provisions; a shift in consumer preferences; a possible lack of acceptance of our products or services which limits our ability to achieve prices and adequately utilize our production capacities; price increases for fuel or raw materials; disruption of production due to shortages of materials, labor strikes or supplier insolvencies; a decline in resale prices of used vehicles; the effective implementation of cost-reduction and efficiency-optimization measures; the business outlook for companies in which we hold a significant equity interest; the successful implementation of strategic cooperations and joint ventures; changes in laws, regulations and government policies, particularly those relating to vehicle emissions, fuel economy and safety; the resolution of pending government investigations or of investigations requested by governments and the conclusion of pending or threatened future legal proceedings; and other risks and uncertainties, some of which are described under the heading Risk and Opportunity Report in the current Annual Report. We use cookies to ensure that we give you the best experience on our website. Jrg Howe, +49 160 8698000, joerg.howe@daimlertruck.com, Maximilian Splittgerber, +49 160 860 71 24, maximilian.splittgerber@daimlertruck.com. Around 139,000 units mark a high level of order intake in the opening quarter of the reporting year. JXperience Barcelona 2019, Mercedes-Benz at the Global Public Transport Summit in Stockholm, Mercedes-Benz Trucks Safety Dialogue 2019. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Despite ongoing supply bottlenecks, Daimler Truck was able to benefit from the strong demand situation in the first quarter. Earnings per share (EPS) amounted to 3.24, up 14% compared to 2021. WebThe company also continues to expect a significant increase in its revenue on group level in 2022. The company also continues to expect a significant increase in its revenue on group level in 2022. Following the outbreak of the Russias war against the Ukraine, Daimler Truck decided on February 27th2022 to suspend all business activities in Russia until further notice. Kempf expects higher deliveries, an easing supply chain, and improved pricing to drive the truck market. E-Mail: contact@daimlertruck.com, Represented by the Board of Management: Martin Daum (Chairman), Karl Deppen, Jochen Goetz, Andreas Gorbach, Jrgen Hartwig, John OLeary, Karin Rdstrm, Stephan Unger, Chairman of the Supervisory Board: Joe Kaeser, Commercial Register Stuttgart, No. Fasanenweg 10 In the industrial business, adjusted EBIT of 604 million was around 9% higher than in the same period of the previous year (552 million). Fasanenweg 1070771 Leinfelden-EchterdingenGermany, Phone: +49 711 8485-0E-mail: contact@daimlertruck.com, Represented by the Board of Management: Martin Daum (Chairman), Karl Deppen, Jochen Goetz, Andreas Gorbach, Jrgen Hartwig, John OLeary, Karin Rdstrm, Stephan Unger, Chairman of the Supervisory Board: Joe Kaeser, Commercial Register Stuttgart, No. Despite a strong demand, bottlenecks in the semiconductor industry and ongoing supply constraints will continue to impact sales mainly in the first half. The founders of Daimler Truck have invented the modern transportation industry with their trucks and buses a good 125 years ago. 2022 Financial Services continued its ramp-up: The segment launched business operations in eight further countries and was active in 15 markets at year end. Share Latest news about Daimler Truck Holding AG We remain fully committed to the ambitions we have set for 2025 and we feel confident to achieve our targets for 2022. Daimler Trucks revenue between FY 2020 to FY 2022, by segment (in million euros) [Graph]. Several new zero emission vehicles (ZEV) were launched: The electric Freightliner eCascadia started into series production in North America as well as the Mercedes-Benz eEconic in Germany. Supported by strong unit sales in the segments Trucks North America and Mercedes-Benz, improved net pricing and positive contributions from aftersales and used vehicle business, Group revenue rose by 17% to 10.6 billion (Q1 2021: 9.0 billion). E-Mail: contact@daimlertruck.com, Represented by the Board of Management: Martin Daum (Chairman), Karl Deppen, Jochen Goetz, Andreas Gorbach, Jrgen Hartwig, John OLeary, Karin Rdstrm, Stephan Unger, Chairman of the Supervisory Board: Joe Kaeser, Commercial Register Stuttgart, No. Close this window to refresh the page. The International Securities Identification Number (ISIN) is DE000DTR0CK8, the German Securities Identification Number (WKN) DTR0CK. Daimler Trucks outlook assumption considers that the overall macroeconomic conditions will continue to be comparatively favorable for the global demand in commercial vehicles in 2022. "Daimler Trucks revenue between FY 2020 to FY 2022, by segment (in million euros)." Other companies publishing on this website: Daimler Truck Holding AGFasanenweg 1070771 Leinfelden-EchterdingenGermany Phone: +49 711 8485-0E-mail: contact@daimlertruck.com Represented by the Board of Management: Martin Daum (Chairman), Karl Deppen, Jochen Goetz, Andreas Gorbach, Jrgen Hartwig, John OLeary, Karin Rdstrm, Stephan Unger, Commercial Register Stuttgart, No. 2023 Daimler Truck AG. Do you want to set this media object as main picture? Especially due to improved pricing and exchange rate reasons Daimler Truck updates the revenue forecast in terms of the range to between 48.0 to 50.0 billion (previous forecast: 45.5 and 47.5 billion). Daimler Truck Daimler Truck currently assumes that the economic conditions in our most important markets continue to normalize and that neither the COVID-19 pandemic nor the war in Ukraine will have a negative impact on the general market development. Do you want to set this media object as main picture? 2022 Profit from the additional features of your individual account. This also applies to the transformation to CO2-neutral driving. "In these dramatic weeks, our thoughts are with the people in Ukraine and we hope that this war will end soon. Daimler Truck North America | LinkedIn This document contains forward-looking statements that reflect our current views about future events. Daimler Truck with positive start into 2022, increasing unit Jochen Goetz, CFO of Daimler Truck: Our positive Q1 results prove that we are fit to stay on course also in a more uncertain environment. Daimler Truck Daimler Truck Holding AG published this content on 11 November 2022 and is solely responsible for the information contained therein. Looking ahead, stable demand and an improving supply chain environment will drive higher unit sales and revenues. Capital Market Presentation Q1 2023 - Daimler Truck The company says it expects a significant increase in its revenue on group level in 2022 to a range between 45.5 and 47.5 billion. Simultaneously Daimler Truck faced headwinds by the effect that the supply chain constrains predominantly affected the Groups highly profitable truck portfolio in North America and Europe. All in all, Daimler Truck delivered on the targets for cost reduction and margin improvement. Plus500. Stuttgart Daimler Truck Holding AG (Daimler Truck) successfully kept its focus on working to improve its overall profitability in 2021. Daimler Truck benefitted from a robust demand in its key commercial vehicle markets and increased its unit sales, revenue, EBIT (Earnings before Interests and Taxes), industrial free cash flow and earnings per share. Daimler Truck expects the free cash flow of the Industrial Business to be higher in 2023 compared to the previous year. Reflecting the two major regions North America and Europe, the companys guidance estimates the North American market to be between 255,000 and 295,000 units and the European market to be between 240,000 and 280,000 units. Mitglied des Vorstands der Daimler Truck Holding AG, verantwortlich fr Finanzen und Controlling, FAQ Daimler Truck Holding AG election process, We are pooling our resources partnerships. Leading company in the transport industry - for 125 years. In 2021, the company sold 455.000 vehicles, with a revenue just shy of 40 billion and an EBITDA of 2.5 billion. Copyright Daimler Truck North America LLC. The adjusted EBIT rose by 55% to 3,959 million (2021: 2,552 million), the adjusted ROS of the Industrial Business was at 7.7% in 2022 (2021: 6.1%). All rights reserved. Accessed July 05, 2023. https://www.statista.com/statistics/1299965/revenue-of-daimler-truck/, Daimler Truck. While demand continued to be strong across core markets with order intake and order backlog remaining at high levels, bottlenecks in the supply chains continued to impact production. The product range of the bus segment includes city buses, school buses and intercity buses, coaches and bus chassis. Higher unit sales, improved pricing, and an easing supply chain will likely boost Daimlers top and bottom lines in 2023. Truck The Industrial Business comprises the vehicle segments Trucks North America, Mercedes-Benz, Trucks Asia and Daimler Buses, as well as the reconciliation. You need at least a Starter Account to use this feature. In the light-duty truck segment, there was a new sales record in 2022 and the month of December also delivered record sales with 1393 deliveries for the month, up by 190 trucks over December 2021. Then you can access your favorite statistics via the star in the header. Around 139,000 units mark a high level of order intake in the opening quarter of the reporting year. Between 2022 and 2027, the market for truck-as-a-service market is forecasted to expand at a CAGR of 17.76%. Daimler Truck successfully issued several bonds at the capital market, supporting the growth of Financial Services. Daimler Truck is further expecting a significant increase of its adjusted EBIT. "When looking back at the past year from a business perspective I can clearly say: 2021 was an extraordinary year for Daimler Truck and I am very proud of what our global team got accomplished. facts. Daimler Truck Holding AG shares are traded on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange under the stock symbol DTG. Despite headwinds: Daimler Truck achieved financial targets for 2021, Significant increase in unit sales, revenue and net profit due to recovery in most important markets and progress in cost reduction measures, Supply constraints slowed further growth in 2, Strong demand environment: Incoming orders on a high level, order backlog on record level, Daimler Truck expects increase in group sales, revenue, return on sales in 2022, Privacy Statement, Legal Notices and Terms. Optimized semiconductor allocation and adjusted net pricing proved to be efficient actions to countermeasure chip shortages and headwinds from raw material prices. 186.77%. Daimler Trucks outlook covers all currently known impacts of the Russian/Ukraine war and semiconductor shortages. To use individual functions (e.g., mark statistics as favourites, set All rights reserved. Daimler Truck Welcome back , to continue browsing the site, please click here, Automotive World Ltd 2023, All Rights Reserved, Daimler Truck with positive start into 2022, increasing unit sales, revenue and EBIT adjusted vs Q1 2021. Your session has expired. Daimler Around 139,000 units mark a high level of order intake in the opening quarter of the reporting year. Home News Releases Daimler Truck with positive start into 2022, increasing unit sales, revenue and EBIT adjusted vs Q1 2021, Group sales of 109,000 units significantly above prior year level (Q1 2021: 101,000 units). VAT registration number: DE 32 12 81 771. coaches and bus chassis. Daimler Truck Holding (DE:DTG) is a leading commercial vehicle manufacturer with over 40 production sites.
