Daimler Truck Holding AG (DTGHF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen. This is Markus Poppe speaking. On behalf of Daimler Truck, I would like to welcome you on both telephone and the internet to our Q3 results global conference call. We are very happy to have with us today Eva Scherer, our CFO. Eva will begin with an introduction, directly followed by a Q&A session. The respective presentation can be found on the Daimler Truck IR website. On our request, this conference call will be recorded. The replay of the conference call will also be available as an on-demand audio webcast in the investor relations section of the Daimler Truck website. I would like to remind you that this teleconference is governed by the safe harbor wording we'll find on our published results documents. Please note, our presentation contains forward-looking statements that reflect management's current views with respect to future events. Such statements are subject to many risks and uncertainties. If the assumptions underlying any of these statements prove incorrect, then actual results may be materially different from those expressed or implied by such statements. Forward-looking statements speak only to the date on which they are made. Now, I would like to hand over to Eva. Thank you, Markus, and good morning, everyone. And thank you for joining our earnings call for the third quarter of 2025. As the results show, quarter three was shaped by a sharp downturn in North America and a slow-paced recovery across European markets. Industrial business revenue totaled 10.6 billion euros, driven by 98,000 units sold. Adjusted group EBIT totaled 716 million. Adjusted return on sales for the industrial business came in at 6.3%, with earnings per share at 57 cents. Free cash flow was 24 million, bringing our net industrial liquidity to 5...