Daimler Truck Flags Tariff Risks and Uncertainty Around Iran War

Daimler Truck Holding AG confirmed its full-year guidance while flagging US trade tariffs and the impact of the Iran conflict as risks that are difficult to assess.

The commercial-vehicle maker reiterated its outlook for full-year earnings before interest and taxes of as much as €3.7 billion ($4.3 billion) and an adjusted return on sales as high as 8%, saying increased vehicle sales — forecast to rise to as many as 360,000 units from 315,000 in 2025 — should support earnings.

Daimler Truck is particularly exposed to President Donald Trump’s shifting trade policy. Its Freightliner brand leads the US heavy-duty ...