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Daimler Truck Q3 Profit Down; Reaffirms FY Outlook

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Daimler Truck Holding AG (DTRUY,DTG.DE) reported that its third quarter net profit attributable to shareholders decreased to 434 million euros or 0.57 euros per share from 610 million euros or 0.77 euros per share in the same quarter last year.
The Group's performance was impacted by persistent headwinds in the North American truck market, where customers remain in a cautious wait-and-see mode amid a weak freight environment and uncertainty surrounding regulatory developments.

Revenue for the third quarter declined to 10.551 billion euros from 12.177 billion euros in the prior year.

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