Daimler Truck is seeing positive order momentum continuing: CFO

Daimler Truck Holding AG reported strong year-end cash flow and rising order momentum in 2025, with CFO Eva Scherer highlighting improved operational resilience and a stable outlook for 2026. The company's Industrial Business generated €1,824 million in Free Cash Flow for 2025, supported by €1,747 million in Q4 cash generation, despite a 10% decline in revenue to €45.9 billion and a 19% drop in Adjusted Group EBIT to €3,778 million according to the company's results. Order intake for the year rose 2% to 425,458 units, with Q4 momentum accelerating by 13% year-over-year, driven by Mercedes-Benz Trucks and a recovery in North America.

For 2026, the Group anticipates operational improvements from higher volumes and efficiency gains, offsetting increased tariff effects. Free Cash Flow is projected to rise to €2.7–3.2 billion, including €1.5 billion from the Fuso-Hino integration. Scherer emphasized the "strong net industrial liquidity of €7.7 billion" and a stable dividend proposal of €1.90 per share, alongside a previously announced share buyback program as detailed in the earnings announcement.

The company's 2025 results reflected a challenging market environment, with unit sales down 8% to 422,510 units but double-digit profitability at Daimler Buses and a 67% increase in battery-electric truck and bus sales. Strategic initiatives, including the ARCHION joint venture with Toyota and the Cost Down Europe efficiency program, are expected to drive further cost savings and operational flexibility.

Outlook for 2026 includes a projected Industrial Business revenue range of €42–46 billion and Adjusted EBIT between €3.2–3.7 billion, with the second half anticipated to outperform the first half due to rising order momentum.