- Successful first year as a listed company: Daimler Truck achieved financial targets for 2022 despite adverse supply chain conditions
- Demand environment remains strong: Incoming orders and order backlog at high levels
- Bottlenecks in the supply chains slowed further growth in 2022
- Strong improvement of adjusted EBIT by 55% to €3,959 million (2021: €2,552 million), revenue significantly increased by 28% to €50.9 billion (2021: €39.8 billion) due to strong demand for products and strong net pricing
- Adjusted return on sales (ROS) of the Industrial Business significantly increased to 7.7% (2021: 6.1%), free cash flow of the Industrial Business of €1,746 million (2021: €1,556 million); earnings per share (EPS) of €3.24 (2021: €2.85)
- First dividend as independent company: Proposal of €1.30 per share
- Positive outlook for 2023: Daimler Truck expects further increase of revenue, adjusted EBIT and free cash flow of the Industrial Business; sales volume on similar level as 2022
Annual Results Conference 2023
Daimler Truck increased Revenue, EBIT, adjusted Return On Sales and Free Cash Flow of the Industrial Business in 2022 and gives positive outlook for 2023
In its first full year as a listed company, Daimler Truck Holding AG (Daimler Truck) has successfully delivered on strategic ambitions - leading sustainable transportation and improving the overall profitability. The Group achieved its financial targets for 2022 and is positive for 2023 despite supply chain constraints and inflationary cost pressure. Daimler Truck benefitted from a robust demand in its key commercial vehicle markets and increased its unit sales, revenue, EBIT (Earnings before Interests and Taxes), industrial free cash flow and earnings per share.
2022 was a very special year for us, a challenging year in many ways - yet above all a successful first year for Daimler Truck as an independent listed company. Our strong results show that we managed our environment very well, be it the impact of Russia-Ukraine war, ongoing supply chain constraints or high inflation. We have made strong progress towards unlocking our profit potential, and we have also made further important steps regarding our ambition to lead sustainable transportation and to tackle climate change.
With an adjusted EBIT of €4.0 billion we took a major step forward in a challenging market environment with supply constraints and inflation, achieving a record level of EBIT for the Group. We were also able to continue our strong cash conversion. We want to pay our first dividend and establish an attractive capital allocation policy. We are on a journey to benchmark profitability, but there is still a way to go, especially on costs given the inflationary pressures. Our outlook shows that we will continue our self-help measures to improve our financials.
Downloads
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Daimler Truck Capital Market Presentation FY 2022
PDF (6,93 MB) -
Daimler Truck Factbook for Full Year 2022
PDF (0,68 MB) -
Daimler Truck Factbook for Full Year 2022
XLSX (0,19 MB) -
IR-Release: Daimler Truck increased Revenue, EBIT, adjusted Return On Sales and Free Cash Flow of the Industrial Business in 2022 and gives positive outlook for 2023
PDF (0,18 MB) -
Daimler Truck Annual Report 2022 incl. combined Management Report of DTH AG
PDF (5,22 MB) -
Annual Financial Statements (Entity) Daimler Truck Holding AG 2022
PDF (0,87 MB) -
Remuneration Report 2022
PDF (2,21 MB)