Daimler Truck Holding AG

DTG

Equity

ISIN DE000DTR0CK8 / Valor 115216150

Xetra (2024-09-18)

EUR 32.17+0.06%

Daimler Truck Holding AG
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About company

Daimler Truck Holding AG is a global commercial vehicle manufacturer with a vast network of production sites and a large workforce. The company produces a wide range of trucks, buses, coaches, and bus chassis, catering to various transportation needs. In addition to its vehicle offerings, Daimler Truck Holding AG also provides customized financial services to its customers. With a strong presence in the commercial vehicle market, the company continues to innovate and expand its product portfolio to meet the evolving demands of the industry.

Summarized from source with an LLMView SourceSector: Consumer Cyclicals

Revenue

In the second quarter of 2024, Daimler Truck Holding AG reported revenue of €13,325 million, a slight decrease from the €13,880 million recorded in the same quarter of the previous year.

Unit Sales

Daimler Truck Holding AG's unit sales for Q2 2024 were 112,195, a significant increase compared to the 648 units sold in Q2 2023. This substantial growth highlights the company's improved market performance.

EBIT

The Earnings Before Interest and Taxes (EBIT) for Daimler Truck Holding AG in Q2 2024 was €1,065 million, down 19% from the €1,323 million reported in Q2 2023. This decline indicates some challenges in maintaining profitability.

Free Cash Flow

Daimler Truck Holding AG experienced a negative free cash flow of €285 million in Q2 2024, a significant drop from the positive €382 million in Q2 2023. This change reflects increased expenditures or reduced cash inflows during the quarter.

Research and Development

In Q2 2024, Daimler Truck Holding AG invested €531 million in research and development, a 16% increase from the €457 million spent in Q2 2023. This rise underscores the company's commitment to innovation and future growth.

Summarized from source with an LLMView Source

Key figures

-4.46%1Y

%3Y

%5Y

Performance

29.1%1Y

32.0%3Y

32.0%5Y

Volatility