LEINFELDEN-ECHTERDINGEN (dpa-AFX) - The truck and bus manufacturer Daimler Truck sold significantly fewer commercial vehicles last year. Sales worldwide fell by 12 percent to 460,409 vehicles, as the Dax-listed company announced on Tuesday in Leinfelden-Echterdingen. The worst performance for the Swabians was in the long-ailing truck markets of Europe and Asia, where sales fell by around a fifth in each case. In North America, which is the most profitable region for Daimler Trucks, truck sales only fell by 2 percent. The company even managed to achieve a slight increase in bus sales worldwide. The group recorded an increase of 17 percent to 4,035 vehicles in sales of battery-electric vehicles./men/stk
Daimler Truck Holding AG is specialized in designing, manufacturing and marketing trucks and buses. The activity is organized around 4 areas:
- medium and heavy truck sales: Mercedes-Benz, Fuso, Freightliner, Western Star and BharatBenz brands;
- bus and coach sales: Thomas Built, Fuso, BharatBenz, Mercedes-Benz and Setra brands;
- bus chassis sales: Thomas Built and Mercedes-Benz brands.
- financial services: financing, leasing, insurance brokerage, etc.
In addition, the group owns 50% of BFDA, a company specialized in manufacturing trucks under the Auman brand.
Net sales are distributed geographically as follows: Germany (11.3%), Europe (18.7%), the United States (37.7%), North America (9.5%), Japan (6.1%), Asia (5.1%), Latin America (7.9%) and other (3.7%).
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.