1006 GMT - Daimler Truck's fourth-quarter result reflected improved profitability at the company's Trucks North America and better-than-expected margins at its Mercedes-Benz Trucks segment, Morgan Stanley analysts say in a research note. Daimler's Trucks North America margin came in at 12.3% compared with consensus at 11.4% and a slight improvement compared with 12.1% in 3Q, the analysts say. Mercedes-Benz achieved an 8.1% margin, compared with expectations of 6.1%, Morgan Stanley says. Daimler is confident the lower end of its guidance for this year is achievable, the analysts say. The company guides for 2025 industrial business revenue of between 52 billion and 54 billion euros, adjusted EBIT growth of 5% to 15% with a 8% to 10% margin. Shares trade 1.4% higher to 39.52 euros. (pierre.bertrand@wsj.com)
(END) Dow Jones Newswires
March 14, 2025 06:06 ET (10:06 GMT)
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