LEINFELDEN-ECHTERDINGEN (dpa-AFX) - Commercial vehicle manufacturer Daimler Truck was heavily impacted last year by President Donald Trump's US tariffs. Earnings before interest and taxes, adjusted for special items, fell by nearly a fifth to 3.78 billion euros, the DAX-listed group announced in Leinfelden-Echterdingen on Thursday. The adjusted operating margin in the industrial business—excluding financial services—stood at 7.8 percent, down 1.1 percentage points from the previous year. For the new year, CEO Karin Radström is targeting a margin of 6 to 8 percent. While analysts had expected slightly less for the past year, their previous margin forecasts for the upcoming year were near the upper end of the targeted range. Radström expects industrial revenue to be surprisingly low, between 42 and 46 billion euros.

This revenue declined by 10 percent to 45.9 billion euros in 2025, as the group sold fewer vehicles. Bottom-line earnings per share dropped by 30 percent to 2.56 euros. However, the dividend is unexpectedly set to remain stable at 1.90 euros./men/stk