Daimler Truck Holding AGRaises 2026 guidance and announces EUR1.1 billion buyback, despite Q2 EBIT drop.

Daimler Truck Holding AG raised its full-year 2026 guidance for adjusted EBIT, unit sales, revenue, and free cash flow, driven by a stronger outlook for Trucks North America. Group revenue rose 5% year-over-year to EUR12.3 billion, while adjusted EBIT reached approximately EUR800 million. However, adjusted EBIT for the industrial business declined 22% year-over-year in Q2, primarily due to significant tariff headwinds in North America, and the company recorded an impairment loss of EUR297 million on its ARCHION investment. Trucks North America showed a strong sequential recovery, with adjusted EBIT more than doubling from Q1 to EUR435 million, and order intake surging 156% year-over-year. The company also announced a new EUR1.1 billion share buyback tranche and received approval for its US content application, which is expected to reduce tariff headwinds in the second half of 2026.
Daimler Truck Holding AGRaises 2026 guidance and announces EUR1.1 billion buyback, despite Q2 EBIT drop.
Mercedes-Benz Group AG