Daimler Truck is reporting a 20% year-on-year increase in global sales of trucks and buses for the 2021 financial year.
The newly independent company which is now listed on the Frankfurt Stock Exchange reported group sales of around 455,000 units compared to 378,290 units in 2020.
The company says it benefitted from a recovery in its major markets, especially in the first half of 2021.
“While demand remained strong across core markets during the second half, supply constraints slowed production and constrained volume growth especially for heavy duty vehicles in the US and Europe,” it says.
It reports that all segments achieved set volume targets despite the worsening semiconductor situation towards the end of the year.
The company will present detailed financial and non-financial key figures at group and segment level and present its forecast for the current fiscal year 2022 at its annual results conference on March 24.
