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DTG — Daimler Truck Holding AG News Story

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Daimler Truck Q3 profit rises 73% as North America demand recovers

Daimler Truck Q3 profit rises 73% as North America demand recovers

- Daimler Truck DTGGe.DE, one of the world's biggest truckmakers, on Friday reported a 73% increase in its third-quarter operating profit, citing a recovery in North American truck demand.

The company said its adjusted operating profit was €1.12 billion ($1.25 billion), up from €648 million a year ago, and compared with the €1.10 billion forecast in a company-compiled consensus.

"Our third-quarter performance demonstrates that we are continuing to build momentum across the business," CEO Karin Radstrom said in a statement.

The truckmaker confirmed its full-year outlook.



($1 = 0.8930 euros)


(Reporting by Amir Orusov, editing by Anna Pruchnicka)

((Amir.orusov@thomsonreuters.com))

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