Daimler Truck

Annual Results Conference 2024

01 Mar. 2024 Add to calendar
Continued growth and further improved profitability: Daimler Truck achieved financial targets for 2023, on track to reach 2025 margin ambition
  • Adjusted EBIT jumped by 39% to a record level of €5,489 million (2022: €3,959 million); all segments contributed with profit growth.
  • Revenue significantly increased by 10% to €55.9 billion (2022: €50.9 billion).
  • Industrial Business: Adjusted return on sales reached best ever 9.9% (2022: 7.7%), record level free cash flow of €2,811 million (2022: €1,746 million); earnings per share (EPS) of €4.62 (2022: €3.24).
  • Dividend: Proposal of €1.90 per share (2022: €1.30).
  • Robust outlook for 2024: Daimler Truck expects revenue and adjusted EBIT on 2023 level, adjusted ROS anticipated between 9.0% - 10.5%.

Daimler Truck Holding AG (Daimler Truck) delivered record level results in revenue, EBIT (earnings before interests and taxes), adjusted return on sales (ROS) and industrial free cash flow in 2023 and continues its path on further improving the Group’s overall profitability towards the 2025 ambition. Daimler Truck benefitted from a strong demand in its key commercial vehicle markets and further increased its unit sales, revenue, EBIT, industrial free cash flow (FCF) and earnings per share (EPS).

2023 was a record year with outstanding financial results. We achieved an adjusted operating profit of 5.5 billion euros and an adjusted return on sales in the Industrial Business of almost 10%. This means, we are in very close reach of our 2025 ambition. This is a great achievement our global Daimler Truck team can be very proud of. Going forward, we remain determined to unlock our full potential and to deliver strong profitability even in normalizing core markets.
Martin Daum
Martin Daum Member of the Board of Management of Daimler Truck Holding AG, responsible for Daimler Buses, Daimler Truck Financial Services and IT

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Recording of the presentation, Q&A Analysts & Q&A Press

Presentation of figures 2023 and outlook

Analysts/Investors Q&A

Media Q&A

Presentation of figures 2023 and outlook
Analysts/Investors Q&A
Media Q&A

Notice: the recordings are available in English only.