The uncertain economic situation as a result of the US tariffs does the commercial vehicle manufacturer Daimler Truck to accomplish. The DAX group reduced its annual view again because of the ongoing market weakness in North America.
In the industrial business without financial services, boss Karin Radström (46) in 2025 now assumes sales from 44 to 47 billion euros, as the company announced on Thursday evening in Leinfelden-Echterdingen. The market and sales in North America would be assessed weaker, it said. The group had already reduced its destinations in mid -May and targeted a revenue of 48 to 51 billion euros.
The stock gave up 3 percent afterwards.
The adorned result before interest and taxes (EBIT) now sees the group at 3.6 to 4.1 billion euros and the adjusted return on sales at 7 to 9 percent. So far, Daimler Druck had targeted 8 to 10 percent. In the industrial business, sales of 410,000 to 440,000 units should remain under the previous forecast of 430,000 to 460,000 units.
“After a strong first half of the year in North America, the last few months have shown a significant decline in order incoming, which reflects the ongoing market uncertainty,” said CFO Eva Scherer (41) of the announcement. “In response to this, we adjusted our capacities and reduced the market forecast and our volume view accordingly.”
Saring program proclaimed
Radström recently proclaimed a savings program at Daimler Truck to raise the operational margin at the Mercedes-Benz Trucks brand, which is strongly represented in Europe. By 2030, the running costs on the home continent should decrease by more than one billion euros, according to previous information, Around 5000 jobs are to be lost in Germany.
For Trucks North America, the company is now expecting a paragraph between 135,000 and 155,000 units. So far, 155,000 to 175,000 units had been expected.
In general, the second quarter fell through. Sales gave up 5 percent to 12.6 billion euros per year and the profit dropped by 61 percent to 310 million euros. However, it is positive that the margin in the industrial business remained stable with 9.3 percent.