![]() Now we are a listed, independent company. Our CEO Martin Daum: “While I’m more familiar with truck horns, I was really proud to ring that special bell today. Daimler Truck unites seven brands under its umbrella: BharatBenz, Freightliner, Fuso, Mercedes-Benz, Setra, Thomas Built Buses and Western Star.įreightliner and Western Star are truck brands of Daimler Trucks North America. The company is one of the largest commercial vehicle manufacturers with a global reach, with more than 40 production facilities worldwide and more than 100,000 employees. With the new financial services business of Daimler Truck as a fifth segment, the company is targeting an adjusted return on equity of 14% For the Mercedes-Benz segment, the target is 10% adjusted return on sales, for the Trucks Asia segment 9% and for the Daimler Buses segment 7.5%. ![]() We are now putting all our energy into fully exploiting our earnings potential and driving forward the transformation to emission-free transport in a focused manner,” Goetz said.ĭaimler Truck’s business activities are structured into five reporting segments for which the company has formulated concrete return targets for strong market conditions, or sales of 500,000 trucks globally.įor example, Daimler Truck is specifically targeting an adjusted return on sales of 12% for the Daimler Trucks North America segment in the event of strong market conditions. “It’s rock solid and we have already proven in the past how reliably we can generate an attractive cash flow. The company is starting off in a good position with respect to the balance sheet, said Jochen Goetz, chief financial officer of Daimler Truck Holding. Because now things are really getting started for Daimler Truck.” We have worked hard to get there,” Martin Daum, chairman of Daimler Truck Holding AG, said in the stock exchange hall in Frankfurt.ĭaum added the launch also was “above all the exact opposite, namely a starting line. So in this respect, today is a finish line for us. My thanks therefore go to our entire team for their unparalleled commitment over the past weeks and months. “Making this possible organizationally was a tour de force.
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