BERLIN (dpa-AFX) - Commercial vehicle manufacturer Daimler Truck Holding AG (DTRUY) cut its outlook for fiscal year 2024.
The company lowered its annual revenue guidance to 53 billion euros - 55 billion euros from the prior estimation of 55 billion euros - 57 billion euros.
The company now expects annual unit sales to be 460 thousand units to 480 thousand units compared to the prior outlook of 490 thousand units to 510 thousand units.
The company projects that annual EBIT will be significantly below the prior year's level, whereas it was previously expected to be on par with that level.
Annual adjusted EBIT is expected to be slightly below the prior year's level, compared to the previous expectation of being on par with that level.
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