Daimler Truck Half-Year Report 2022

Interim Group Management Report

• Unit sales in Q2 at120,961 (Q2 2021:116,845) and in Q1-2 at 230,247 (Q1-2 2021: 218,209) units above prior year’s level
• Revenue in Q2 of €12.1 billion (Q2 2021: €10.2 billion), in Q1-2 at €22.7 billion (Q1-2 2021: €19.3 billion)
• Group EBIT in Q2 of €1,074 million (Q2 2021: €867 million); adjusted Group EBIT of €1,010 million (Q2 2021: €878 million)
• Group EBIT in Q1-2 of €1,535 million (Q1-2 2021: €2,566 million); adjusted Group EBIT of €1,661 million (Q1-2 2021:1,466 million)
• Net profit in Q2 of €0.9 billion (Q2 2021: €0.6 billion), in Q1-2 of €1.2 billion (Q1-2 2021: €2.1 billion)
• Free cash flow in the industrial business of minus €756 million in Q2 (Q2 2021: €500 million) and minus €683 million in Q1-2 (Q1-2 2021: €1,431 million)
• For 2022 as a whole, unit sales of between 500 and 520 thousand units, revenue of between €48.0 and €50.0 billion, EBIT at prior year’s level expected
• Return on sales of 7% – 9% and free cash flow expected to remain at prior year’s level in the industrial business

The development of the truck markets in the second quarter and in the first half of 2022 was not significantly influenced by the Russia-Ukraine war. However, the availability of semiconductors continued to affect truck production, meaning that demand could not always be fully operate. The North American market for heavy trucks (class 8) grew by around 5% in the second quarter. This means that the market volume was slightly below the prior year’s level with a decline of around1% in the first half of the year. The market for heavy trucks in the EU30 region (European Union, United Kingdom, Switzerland, and Norway) remained at the prior year’s level both in the second
quarter and in the first half of the year as a whole.