Leinfelden-Echterdingen – As released with Q2 results, Daimler Truck Holding AG (“Daimler Truck”) is assessing the future of its China operations. As discussions are still ongoing, Daimler Truck had to book a negative valuation adjustment for receivables in the amount of EUR 180m in Q3.  This is a one-time, extraordinary and non-cash adjusted item  [ … ]

At its meeting today, the Supervisory Board of Daimler Truck Holding AG appointed Karin Rådström as the new Chairwoman of the Board of Management with effect from October 1, 2024. Karin Rådström has been a member of the Board of Management since December 1, 2021 and will for the time being remain responsible for the regions Europe and Latin America [ … ]

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  [ … ]

Leinfelden-Echterdingen – Daimler Truck Holding AG ("Daimler Truck") discloses preliminary and unaudited results for the second quarter of 2024. Based on the persistent weak market development in China, Daimler Truck fully impaired the at-equity book value of its China Joint Venture BFDA (Beijing Foton Daimler Automotive). This had a negative one-t [ … ]