Business

Daimler Truck Faces 6% Revenue Drop in Q1 2025 Amid Economic Uncertainties

Financial Performance Overview

Daimler Truck reported a 6% decline in revenue for the first quarter of 2025, totaling €12.4 billion, compared to the previous year. Net profit also saw a 6% decrease, amounting to €799 million, or €0.99 per share. Adjusted EBIT fell by 4% to €1.2 billion, while group sales dropped by 8% to 99,812 units.

Leadership Insights

CFO Eva Scherer commented on the results, stating, "Our performance in the first quarter reflects our improved resilience and underscores the commitment of our global team." Despite the challenges, Scherer highlighted the strong results in Trucks North America and the company's focus on structural improvements, cash generation, and return on capital.

Revised Outlook

Due to growing economic uncertainty and pressure on demand in the US, Daimler Truck has revised its sales outlook for the full year downward while maintaining its margin guidance.