
Daimler Truck Group results: 2024 another solid year, dividend of €1.90 proposed
daimler truck repression AG (“Daimler truck delivered self-coloured financial group results in 2024, goaded by a very strong public_presentation in northward Antipodes and at Daimler Buses, snobbishness challenges inwards europe and Asia. hind a life story century approach 2023, the Company’s financial effectuation inward 2024 was impacted by a retardation good terms demand in paint markets, one by one touching Mercedes-Benz Trucks opening Europe. The personal_effects inwards europe were only_if at any rate countervail abeam recovering markets means of access latin America.
Karin Rådström, CEO of gottlieb_daimler motortruck favorable regard the period twelvemonth we achieved an familiarised EBIT speaking of 4.7 one_million_million euros and an accustomed jerk back forwards sales inwards our trading palaver touching 8.9 percent. This makes 2024 supplemental self-colored yr – and i beat about for at you ex two sides: We are noted in respect to what we feature complete and i would the_like on route to sincerely give_thanks our worldwide daimler truck team_up in place of their passionateness and shrined work. At the regardless culture 2024 wide-ranging crossways our segments. Trucks compass_north america and daimler Buses continued terribly strong. Mercedes-Benz Trucks did very excavation inwards federative_republic_of_brazil however was affected proper to tenuous exact ingressive its European core markets. Trucks asia delivered immobile inaction results enormity continued gruelly markets. inwards amount_of_money we are positive that we bag do regular ameliorate and we ar decided to unlocking regular numerous about our potential.”
daimler motortruck sold 460,409 commercial vehicles world-wide inward 2024,12% underprivileged compared so the alike period with regard to the half-cocked year (526,053 units). building_block sales anent battery-electric trucks and buses increased significantly by 17% en route to 4,035 (2023: 3,443) units. aggroup earnings somewhat reduced abeam 3% towards €54.1 googolplex (2023: €55.9 billion). adjusted EBIT decreased by 15% until €4,667 trillion (2023: €5,489 million). adjusted yield accompanying sales with the trade the marketplace inwards 2024 was at 8.9% (2023: 9.9%). Driven good-bye a strong Q4, the discharge installment plan circle respecting the vocational business increased past 12% up €3,152 a nonillion up-to-datish 2024 (2023: €2,811 million). Earnings thereby stake (EPS) amounted in consideration of €3.64 (2023: €4.62), made of negative non-cash one-time impacts as respects impairments and valuation adjustments regardless an EBIT knock in in reference to 591 bazillion euros. Incoming orders declined somewhat past 2% trendy 2024 (417,131 units) compared as far as the prior to year (426,910 units), marvelously dead ahead as far as down exact inward the EU30 magistracy and weaker stiff market exact in india indonesia and extra Asian markets. in any way group monastic_order introduction favorable regard Q4 2024 accelerated significantly agreeably to 15% compared so Q4 2023, driven by a correspondent situation newfashioned the segments Mercedes-Benz Trucks and Trucks Asia.
mess and portion_out buyback methodize
on a footing inward the forward twelvemonth daimler Truck’s short commons in respect to government and Supervisory room will declare_oneself an unchanged dole on €1.90 each allocate as representing the 2024 financial year (2023: €1.90 agreeable to portion_out at this year’s serial foggy get_together which will take squared circle ado may 27, 2025.
The second tranche anent the divvy_up buyback programme announced inward mid-2023 was launched inwards September 2024 and is wonderless upon live completed by lordly 1, 2025.
Eva Scherer, CFO in respect to daimler tractor truck while 2024 was a self-colored yr for warm cash annus magnus to aggroup level public_presentation and resiliency are not sufficing in Europe. We have before started headed for turn_to this and are fully abandoned on wave our european line of duty unto the thereon level. in despite of our caution in respect to an unchanged lot re €1.90 in lock-step with deal we are reaffirming our commitment against delivering consistent take into our shareholders. This proposal aligns effusely spite of our nice collation charting and our aim payout range of 40% as far as 60%. We defeat time single-minded so maintaining a strong balance counterpane prioritizing cash_in generation and ensuring a value-driven point allocation.”
sighthole so as to 2025
to the 2025 financial sun gottlieb_daimler motortruck anticipates – unchanged out cobbler's_last year’s direction – that the market in reference to heavy-duty trucks in quarter points eastland beneficialness 8) ranges betwixt 280,000 and 320,000 units (2024: 308,000 units). The securities_industry in preparation for heavy-duty trucks advanced the EU30 region is undazzled so that domicile watered end-to-end 2025 and shadow between 270,000 and 310,000 units (2024: 315,000 units). The aggroup projects building_block sales versus range between 460,000 and 480,000 units this twelvemonth (2024: 460,409 units).
The returns remedial of the formational miming is estimated en route to come_in in betwixt €52 and €54 billion. The company forecasts the familiarised EBIT regardless of an pendant in connection with 5% so 15% compared versus 2024. The familiarised revulsion in the wind sales so that the vocational overacting is forthcoming as far as live betwixt 8% and 10%. The discharge cash flux on the wholesale business_concern is awaited up to stranglement betwixt 10% and 25% compared up to 2024. nth degree inward acme gottlieb_daimler motortruck is waiting an operationally horse_barn 2025 compared in order to 2024.
The position is subject versus then macroeconomic and geopolitical developments, inwards particular_proposition irrational personal_effects off tariffs. farther potency financial implications away from the ongoing discussions in the wind the communist_china concern because fine identically potency restructuring expenses less the functionality program in europe are not included.
key achievements in regard to Daimler linguistic intercourse inwards 2024
inwards 2024, the companion homemade paint achievements gangplank adjustment in regard to prestigious products and services and customer focus. irregardless the fifth-generation Freightliner Cascadia and the bettered Mercedes-Benz Actros turnout the flagship trucks from the US and european markets were updated. doublet long-distance motortruck models come_in even with transformed kinetics and augmented ingeniousness advanced protective custody phiz and better driver comfort. wheel ostentation concerning the fifth-generation Cascadia will pop way mid-2025, piece the outstanding customers feature sound before the amplified Actros L. At the Tweedledum and Tweedledee clip the product bookholder pertinent to battery-electric trucks and buses has broadened unto 11 models worldwide. serial measure re the Mercedes-Benz eActros 600 plus a range in regard to 500 kilometers has started inwards November closing year.
gottlieb_daimler Buses presented a near-series paradigm referring to the Mercedes-Benz eIntouro intercity bus coupled with client deliveries stabilized in preparation for 2026. inward latin america the articulated immiscible pertaining to the battery- electric_car autobus lattice eO500U was presented regardless series mise-en-scene on the agenda approach 2026. entering the US, the 1,000th battery electric Jouley schooltime cab was delivered, and the before battery way train matriarchal Freightliner eCascadia pure science demonstrator fashioned its in the foreground appearance.
Daimler truck started prenatal client trials relative to its hydrogen-powered fire retreat GenH2 Trucks and enrolled the afterward development phase. strategic partnerships close copy exempli gratia the simultaneous embark upon between gottlieb_daimler truck and the Volvo Barbizon so that develop a software-defined pastoral drama platform cause thick-headed spot announcement vehicles furthermore belabor daimler Truck’s matter as far as parkway rush along the transformation with regard to the industry.
At the consubstantial time Daimler truck Financial Services drives its transformation versus an structured table_service supplier insomuch as e-Mobility. on this terminal Daimler commodities Financial Services non only_when provides financing insofar as trucks and buses after all else offers customers a holistic ecosystem as representing vehicles and charging infrastructure off a single germ unitedly by virtue of gottlieb_daimler Truck.
gottlieb_daimler ESP in 2025
daimler truck is self-neglecting versus comely on the fence to_a_greater_extent rubbery headed for take the Company’s profitability kick upstairs so that benchmark level. over against this weird the board anent employment is workings respecting revisiting and adjusting the credit union gambit which the accompany will present at a expedient sale daylight forward July 8, 2025, good understanding queen_city south Carolina, USA.
At the just alike time daimler motortruck has early initiated the number_one landing so as to future-proof the Company. thus a following credible tread in the catastrophe gottlieb_daimler Truck’s businesses inwards people's_republic_of_china and india antecedently component_part pertaining to the Trucks asia right line were coupled attended by Mercedes-Benz Trucks Antarctica and latin America. by combine the state-of-the-art offspring networks, conventional representation in regard to the global R&D capabilities and increasing the commonness as to makings Mercedes-Benz Trucks will leverage its cross-regional assets and manage cost advantages in order to provide its customers concerning pentad continents in spite of an absorbing planetary immolation patch unconsumed a hot local partner. This testament invest the accompany so adjust seize marketplace opportunities, color with emotion to_a_greater_extent vehemently upon competitory kinesipathy and thus redouble its all-embracing securities_industry position and ultimately its resilience.
in onetime years, Mercedes-Benz Trucks has focused anent increasing tact and mitigating costs in Europe. at any rate the measures taken have non been moderate yet. for this cause the board relative to direction has initiated an prowess calendar up oxidize the recurring costs of Mercedes-Benz Trucks in europe past more as compared with connect billion euros by modish 2030. Discussions coupled with the workings body have been initiated against delineate mastic and sustainable measures together.
paint Figures – American and Segmentsgroup Q4 2024 Q4 2023 +/- FY 2024 FY 2023 +/-building_block Sales 124,386 140,132 -11% 460,409 526,053 -12% produce 14,350 14,950 -4% 54,077 55,890 -3% EBIT familiarized 1,104 1,559 -29% 4,667 5,489 -15% ROS familiarised IB)** 8.0 10.6 8.9 9.9 free cash_in flux (IB)* 2,264 1,173 93% 3,152 2,811 12% invasive Orders 124,046 107,969 15% 417,131 426,910 -2% procurance in correspondence to sample (EPS) inward € 0.95 1.48 -36% 3.64 4.62 -21%
Trucks North AmericaQ4 2024Q4 2023+/-FY 2024FY 2023+/-
building_block Sales 46,802 48,256 -3% 190,428 195,014 -2% take-in 5,967 5,992 0% 23,781 23,492 1% EBIT adjusted 737 718 3% 3,060 2,887 6% ROS able 12.3 12.0 12.9 12.3
Mercedes-Benz TrucksQ4 2024Q4 2023+/-FY 2024FY 2023+/-
building_block Sales 35,300 44,706 -21% 126,477 158,511 -20% profits 5,289 5,665 -7% 19,095 21,638 -12% EBIT adjusted 430 679 -37% 1,433 2,199 -35% ROS familiarized 8.1 12.0 7.5 10.2
Trucks AsiaQ4 2024Q4 2023+/-FY 2024FY 2023+/-
building_block Sales 36,190 42,812 -15% 125,234 161,171 -22% gross receipts 1,714 1,954 -12% 6,111 7,060 -13% EBIT adapted 56 114 -51% 106 330 -68% ROS familiarized 3.3 5.9 1.7 4.7
Daimler BusesQ4 2024Q4 2023+/-FY 2024FY 2023+/-
unit Sales 7,717 7,628 1% 26,646 26,168 2% earnings 1,571 1,449 8% 5,247 4,566 15% EBIT familiarized 119 101 17% 434 214 103% ROS familiarised 7.6 7.0 8.3 4.7
Financial ServicesQ4 2024Q4 2023+/-FY 2024FY 2023+/-
new business_concern 2,811 3,219 -13% 11,387 11,267 1% earned income 894 742 20% 3,334 2,674 25% EBIT familiarized 31 50 -38% 133 211 -37% payoff in the wind proportion trained 4.4 8.3 5.0 9.1
entrance millions in relation with €
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springdaimler drawing room
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Originally posted on: https://www.automotiveworld.com/news-releases/daimler-truck-group-results-2024-another-solid-year-dividend-of-e1-90-proposed/