July 11 Reuters Daimler Truck set new financial targets for 2030 ahead of its Capital Markets Day on Tuesday, aiming for at least 12 adjusted returns for its industrial business under favourable conditions and 4060 revenue growth from 20252030.

The truck and bus maker expects to generate over 3 billion euros 3.30 billion in revenue and 1 billion euro earnings before interest and taxes from autonomous driving in 2030, it said in a statement.

The company on Monday announced a 2billioneuro share buyback programme as it increased its guidance for 2023 revenue and profits, citing a recovering supply chain and stronger demand.

1 0.9098 euros

Reporting by Victoria Waldersee

Source Reuters