By Kim Richters 
 

Daimler AG's trucks-and-buses business Daimler Truck continues to aim for improved profitability and has backed targets for return on sales for 2025.

At an Extraordinary General Meeting on Friday, where shareholders will decide on the plan to spin off Daimler Truck, the commercial-vehicles business's Chief Executive Officer Martin Daum said the company aims for return on sales for its industrial operations of more than 10% in 2025 if market conditions are strong. He also confirmed the trucks and buses maker's alternative targets for other market environments.

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

October 01, 2021 05:11 ET (09:11 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
Grafico Azioni Daimler (XE:DAI)
Storico
Da Ott 2021 a Nov 2021 Clicca qui per i Grafici di Daimler
Grafico Azioni Daimler (XE:DAI)
Storico
Da Nov 2020 a Nov 2021 Clicca qui per i Grafici di Daimler