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Daimler Truck Cuts Guidance on North America Uncertainty

Daimler Truck Cuts Guidance on North America Uncertainty

Daimler MBG -2.51%decrease; red down pointing triangle Truck Holding cut its full-year guidance for the second time in as many quarters, citing continued market uncertainty in North America.
The German truck and bus maker said Thursday that it now expects an adjusted operating profit for 2025 of between 3.6 billion and 4.1 billion euros ($4.11 billion-$4.68 billion). After revising its outlook in May, the company was projecting adjusted operating profit to range from a 5% fall to a 5% rise compared with the 4.67 billion euros it reported for last year.
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