In This Article:
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Revenue: 11.6 billion from industrial business.
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Units Sold: 99,800 units.
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Adjusted Group EBITDA: 1.2 billion.
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Adjusted Return on Sales: 9.6% for industrial business.
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Earnings Per Share (EPS): 0.99.
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Free Cash Flow: 33 million in industrial business.
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Net Industrial Liquidity: 7.9 billion at quarter-end.
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Adjusted EBIT: 1.2 billion, a 4% decline year-over-year.
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Trucks North America Adjusted EBIT: 778 million with a 14.4% return on sales.
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Mercedes-Benz Trucks Adjusted EBIT: 238 million with a 5.4% return on sales.
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Trucks Asia Adjusted EBIT: 64 million with a 5.4% return on sales.
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Daimler Buses Adjusted EBIT: 126 million with a 9.4% return on sales.
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Financial Services Adjusted EBIT: Increased to 55 million.
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Industrial Net Liquidity: 7.9 billion, down from 8.6 billion in Q4.
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Unit Sales Decline: 8% decrease to 99,800 units.
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Incoming Orders: Declined 3% year-over-year to 103,000 units.
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Zero Emission Vehicles Sold: 759 units year-to-date.
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Heavy Duty Market Share in North America: 41.9%.
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Heavy Duty Market Share in Europe: 14.2%.
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Adjusted EBIT for Industrial Business: 1.1 billion, a 4% decline year-over-year.
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Adjusted Return on Equity for Financial Services: Decreased from 8.2% to 7.3%.
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Net Investments: 380 million in property, plant, and equipment and intangible assets.
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Adjusted Free Cash Flow: 143 million after adjustments.
Release Date: May 14, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
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Daimler Truck Holding AG (DTRUY) reported strong Q1 2025 results with revenues of $11.6 billion and an adjusted group EBITDA of $1.2 billion.
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The company achieved a significant milestone with Amazon placing its largest ever order for electric trucks, totaling 202 Mercedes-Benz E Atra 600 vehicles.
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Daimler Truck Holding AG (DTRUY) successfully tested its next-generation Gen H2 fuel cell truck in the Swiss Alps, demonstrating its power and zero-emission performance.
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The company announced a major initiative to establish Europe's largest semi-public charging network for electric trucks, aiming for over 3,000 fast charging points by 2030.
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Daimler Truck Holding AG (DTRUY) maintained a strong competitive position in North America with a class 8 market share of 41.9% despite market headwinds.
Negative Points
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The North American class 6 to 8 market declined by 5% year-over-year, impacting unit sales and incoming orders.
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The heavy-duty market in North America saw a 10% decline year-over-year, contributing to a challenging market environment.
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Daimler Truck Holding AG (DTRUY) experienced an 8% decline in overall unit sales and a 3% decline in incoming orders year-over-year.
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The company faced increased macroeconomic uncertainties, particularly in North America, affecting demand and market dynamics.
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Daimler Truck Holding AG (DTRUY) revised its full-year outlook for financial services, lowering the expected return on equity from 8-10% to 6-8% due to ongoing credit challenges.