Daimler Truck rises after full-year outlook upgrade
BUZZ-Daimler Truck rises after full-year outlook upgrade ** Shares in Daimler Truck DTGGe.DE rise 3% after the truckmaker raised its full-year outlook, citing an updated tariff framework and higher expected sales at its Trucks North America business
** The company now expects 2026 adjusted EBIT between €3.6 bln- €4.1 bln ($4.11-$4.68 bln) vs €3.2 bln-€3.7 bln seen previously
** It sees revenue in industrial business of between €43 bln and €47 bln vs €42 bln and €46 bln previously
** Margins in the North American arm came in at 8.4% which is "particularly impressive," Jefferies says, as it expects 2027 to be a growth year for the business
($1 = 0.8754 euros)
(Reporting by Amir Orusov)
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