In 2024, Daimler Truck experienced a 12% decline in overall vehicle sales, totaling 460,409 units. However, the bus division thrived, reporting a 2% increase in sales and a 15% rise in revenue. Traton also noted an 8% growth in bus orders against a backdrop of declining vehicle sales. Despite a 3% drop in total revenue to €54.1 billion, Daimler Truck's free cash flow increased by 12%. The battery-electric segment showed promise, with unit sales rising 17%. Looking ahead, the company predicts stable operations for 2025, aiming for increased adjusted EBIT.
Despite overall unit sales declining by 12%, Daimler's bus segment thrived with a 2% increase in sales, indicating resilience amidst market challenges.
Daimler Buses reported a +15% revenue growth and a significant 103% EBIT increase, highlighting the strength of this segment in a tough market.
Battery-electric truck and bus sales rose by 17%, suggesting a positive trend in the electrification efforts despite the overall downturn in the industry.
Daimler Truck anticipates stable operations in 2025, with projections for a 5% to 15% increase in adjusted EBIT, showing optimism amidst challenges.
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