With its approach of a strict fixed cost discipline the company achieved its financial targets for 2021 despite significant supply chain headwinds.
With its approach of a strict fixed cost discipline the company achieved its financial targets for 2021 despite significant supply chain headwinds.
With 455,400 units, 20% more trucks and buses have been sold worldwide in 2021 compared to prior-year level (378,300 units). Supported by the overall significant growth in unit sales volume, the company’s revenue increased to € 39,8 billion in 2021 (+ 10% compared to previous year: € 36,0 billion). Supported by a very strong demand environment and driven by all segments Daimler Truck’s incoming orders for 2021 in the industrial business have mounted to 590,000 units, a plus of 37% compared to prior year (430,500 units). The adjusted EBIT (earnings before interests and taxes) significantly rose to € 2,552 million (previous year: € 657 million). The adjusted RoS of the Industrial Business in 2021 was at 6.1% versus previous year’s RoS adjusted of 1.9%. The Free Cash flow of the Industrial Business amounted to € 1,556 million in the reporting year (2020: € 1,781 million).