🚛 Strong Q1 - but more cautious forecast for the year:
- Group Q1:
▪️ adj. EBIT: € 1,164 million (cons.: € 1,027 million)
▪️ Industry sales: € 11,558 million (cons.: € 11,459 million)
▪️ adj. ROS Industry: 9.6% (cons.: 8.5%)
▪️ Free cash flow: € 33 million (cons.: € 341 million)
📉 Lowered outlook:
- North America sales lowered: 155-175k units (previously: 180-200k)
- Group sales new: 430-460k (previously: 460-480k)
- Industry sales new: € 48-51 billion (previously: € 52-54 billion)
- Group adj. EBIT: now -5% to +5% vs. PY (previously: +5% to +15%)
- Adj. ROE Financial Services: 6-8% (previously: 8-10%)
📌 Annual targets partly confirmed:
- Group adj. ROS Industry: 8-10 %
- Margin target for Trucks North America: 11-13% remains unchanged despite decline in sales
📊 Segment results Q1:
- *Trucks North America:* adj. EBIT € 778 million | ROS 14.4 %
- Mercedes-Benz Trucks:* adj. EBIT € 238 million | ROS 5.4 %
- Trucks Asia:* adj. EBIT € 64 million | ROS 5.4 %
- Daimler Buses:* adj. EBIT € 126 million | ROS 9.4 %
- Financial Services:* adj. EBIT € 55 million | ROE 7.3 %
📎 Note: Further adjustments possible - depending on geopolitical situation & USMCA situation. China risks not yet taken into account.