- Adjusted Ebit for 2Q 2024: €1.17 billion, down 18% year-on-year (y/y).
- Trucks North America adjusted Ebit: €875 million, up 12% y/y.
- Mercedes-Benz adjusted Ebit: €299 million, down 45% y/y.
- Trucks Asia adjusted Ebit: loss of €82 million vs. profit of €90 million y/y.
- Daimler Buses adjusted Ebit: €115 million vs. €33 million y/y.
- Total revenue: €13.33 billion, down 4% y/y (estimate: €13.07 billion).
- Trucks North America revenue: €6.02 billion, up 0.7% y/y (estimate: €6.06 billion).
- Mercedes-Benz revenue: €4.58 billion, down 17% y/y (estimate: €4.62 billion).
- Trucks Asia revenue: €1.41 billion (estimate: €1.46 billion).
- Daimler Buses revenue: €1.27 billion, up 29% y/y (estimate: €1.17 billion).
- 2024 Industrial Business revenue forecast: €50 billion to €52 billion (estimate: €51.86 billion).
- Total revenue forecast: €53 billion to €55 billion (estimate: €54.16 billion).
- 2024 unit sales expectation: 460 to 480 thousand units.
- 2024 adjusted Ebit to be slightly below 2023 levels.
- Trucks North America adjusted ROS for the full year at the top end of 11%-13% range.
- Mercedes-Benz segment adjusted ROS between 6% to 8%, with sales of 120 to 135 thousand units.
- Trucks Asia segment adjusted ROS of 1.5% to 3.5%, with sales of 120 to 140 thousand units.
- Daimler Buses adjusted ROS of 6.5% to 8.5%.
- Financial Services ROE between 6% and 8%, with new business of €10 to €12 billion.
- CFO stresses the need for further structural measures to optimize costs for greater resilience.
“`
A look at Daimler Truck Holding Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Daimler Truck Holding AG, a key player in the automobile industry, is projected to have a promising long-term outlook. With impressive scores in Value, Dividend, and Growth, the company indicates strength in these areas. Its focus on providing value, generous dividend payouts, and potential for growth bode well for investors looking to capitalize on these factors.
However, caution is advised as the company scores lower in Resilience and Momentum. This suggests that while the company shows stability in certain aspects, there may be challenges in terms of resilience to market fluctuations and maintaining momentum in the industry. Investors should carefully weigh these factors when considering their investment strategies in Daimler Truck Holding for the future.
Summary: Daimler Truck Holding AG is an automobile company that specializes in designing and manufacturing commercial trucks and buses, catering to a global customer base.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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