Daimler Truck: U.S. tariffs' impact on P&L in Q1 was minor, but we saw impact on demand - Conf call
May 14 (Reuters) - DAIMLER TRUCK HOLDING AG DTGGe.DE:
DAIMLER TRUCK ON CONF CALL - DUE TO PLANNED HEADCOUNT REDUCTION, WE BOOK A PROVISION IN MID THREE DIGIT MILLION EUROS RANGE IN Q2
DAIMLER TRUCK ON CONF CALL - TRUCKS NORTH AMERICA Q2 VOLUMES TO REMAIN ROUGHLY IN LINE WITH Q1; Q2 PROFITABILITY EXPECTED LOWER THAN IN Q1, BUT TOWARDS UPPER END OF FY MARGIN RANGE
DAIMLER TRUCK ON CONF CALL - WE THINK USMCA WILL CONTINUE, THEY WILL MAKE IT MORE STRICT TO REQUIRE MORE US CONTENT
DAIMLER TRUCK ON CONF CALL - PROFITABILITY IN Q2 IN NORTH AMERICA IS ENSURED, HAVE BACKLOG FOR IT - BUT PRODUCTION QUE FOR Q3 AND Q4 NOT FILLED YET, WE NEED STRONGER ORDER MOMENTUM TO COME
DAIMLER TRUCK ON CONF CALL - PRIORITIZE PROFITABILITY OVER MARKET SHARE IN EUROPE; NOT WILLING TO REGAIN LOST MARKET SHARE IN EUROPE BY EXCESSIVE INCENTIVES
DAIMLER TRUCK ON CONF CALL - U.S. TARIFFS IMPACT ON THE P&L IN Q1 WAS MINOR, BUT WE SAW IMPACT ON DEMAND
Further company coverage: [DTGGe.DE]
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