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Investing.com -- Daimler (OTC:MBGAF) Truck announced on Tuesday its forecast for annual organic revenue growth between 3% and 5% until 2030 in its industrial business.
The German commercial vehicle manufacturer, which ranks among the world’s largest truck producers, outlined several key drivers for this projected growth. These include an expanded service offering, transition to zero-emission vehicles in European markets, increased focus on vocational trucks in North America, and business expansion in India and the defense sector.
In addition to revenue targets, Daimler Truck set a financial goal of achieving an adjusted return on sales exceeding 12% in its industrial business through 2030, according to the company’s statement released before its investor day presentation.
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