Tough year for Daimler Truck amid torrid market conditions
By Luke Willetts - 19th May 2025
Daimler Truck 2024 financial results
Germany – Having brought you the preliminary results earlier this year, Daimler Truck AG based in Leinfelden-Echterdingen, Baden-Württemberg, announced decreased sales in 2024, with 460,409 trucks and buses sold compared to a record 526,053 in 2023, a 12% decrease. Revenues were down EUR 1.2 billion in 2024 posting EUR 54.1 billion (2023: EUR 55.9 billion). Adjusted Group EBIT in 2024 declined by 14.97% to EUR 4,667 million compared with EUR 5,489 million in the previous year. The Supervisory Board of Daimler Truck Holding AG has proposed a dividend payment of EUR 1.90 per share.
The company is navigating a mixed market environment with notable strengths in North America and Latin America, but facing headwinds in Europe and Asia. Despite a slowdown compared to a record 2023, the company claims to have laid important groundwork for future growth and operational resilience. This will be a massive undertaking for the recently appointed CEO Karin Rådström, who succeeded Martin Daum late last year.
