Daimler Truck (DTG) Investor presentation summary

Market environment and structural trends

• Global freight transport expected to grow 3% annually until 2050, reinforcing the sector's long-term relevance.

• Transport remains a critical backbone for the economy and society, even amid uncertainty.

Financial performance 2025

• Revenue declined 9% to €49.4bn; adjusted EBIT fell 19% to €3.8bn.

• Adjusted ROS for Industrial Business at 7.8%, down 110bps from prior year.

• Free cash flow for Industrial Business dropped 42% to €1.8bn; net industrial liquidity at €7.7bn.

• Net profit decreased 34% to €2.0bn; EPS at €2.6.

Segment highlights

• Trucks North America delivered strong results despite tariffs and freight recession, with revenue at €23.8bn and adj. ROS at 12.9%.

• Mercedes-Benz Trucks maintained solid profitability; adj. ROS at 6.4% with higher R&D costs.

• Daimler Buses achieved 10% ROS, demonstrating resilience and strong mix/volume effects.

• Trucks Asia showed robust performance through pricing and cost discipline, despite FX headwinds.

• Financial Services improved margin development, with adj. ROE at 6.1%.