Adjusted earnings before interest and taxes (EBIT) came in at 716 million euros ($835.00 million) for the quarter, missing the 729 million euros expected in a company-compiled consensus.
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Incoming orders of 93,923 units were at the previous year’s level, backed by a positive momentum in Europe and a recovery in North America from very low levels in the second quarter, the company said in a statement.
Daimler Truck’s Trucks North America segment saw a 64% drop in operating profit to 257 million euros, but beat consensus expectations of 240 million euros.
However, its Mercedes-Benz Trucks business achieved adjusted EBIT of 319 million euros, missing consensus expectations of 329 million.
($1 = 0.8575 euros)
Reporting by Amir Orusov and Simon Ferdinand Eibach; Editing by Subhranshu Sahu
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